The Destructive Low Bid Myth by Simplar Institute About 150 years ago, our forefathers bestowed the competitive bidding concept on us in order to curb corruption, inefficiency, and mismanagement by government officials. In New York, the competitive bidding requirements…
Profitability Equals Viability Dateline: Engineering News Record, August 26, 2020, Debra K. Rubin and Peter Reina “...As it moves away from lump-sum contracting, in the wake of project charges and recent quarter losses to focus on higher-margin engineering, Montreal-based…
COMMON SENSE by Brian Lines, Ph.D., Assistant Professor, University of Kansas Construction industry research usually begins with an everyday practical problem brought to a university faculty by construction industry professionals. Unfortunately, the resulting published research papers can often sound “academic”,…
SUBJECT: THE HISTORY OF LOW BID “The Bidder Who Makes the Most Mistakes… Gets the Job” If this weren’t true, it wouldn’t be funny. Irony is humor because the underlying truth shouldn’t be so, but it is. Our industry has…