We’re constantly saying, “Don’t undervalue yourself,” and “Don’t submit a cheap tender bid for the sake of it.” It’s a race to the bottom that even if you win, you end up losing out on hard-earned cash. But what do you do when you submit a tender bid that’s over the...
When you’re working on a construction project, you might come across a Prime Cost (PC) sum. But what does that mean for you as a contractor? A PC sum is a value put aside in a building contract for items that haven’t been chosen or priced at the time the contract is...
Your contract is everything when it comes to working in construction. If an issue comes up, it might seem easier just to say, “It’s grand; we’ll figure something out,” and try to sort things out yourself. But, when it comes to construction contracts, especially under...
“Could you price this for us?” A simple enough question. Whoever asked you probably thinks it won’t take too long. And it probably won’t, but it will eat into the time you set to complete those other tenders you’re working on. Not to mention distracting and pulling...
Tenders have submission dates for a reason. Clients and architects have their own deadlines, so it’s only fair you respect that and get your bid in on time, especially if you have been contacted and asked directly. In reality, life happens, time runs away, and...
