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bid shopping

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bid shopping

The practice of a general contractor estimating the cost for subcontractors in order to prepare a bid for construction work,and then attempting to induce those same subcontractors to lower their price below the estimate.



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LAST MONTH I INTRODUCED THE TOPIC OF REVERSE auction bidding (RAB), with a brief overview of how these auctions work and the degree to which they have been compared to bid shopping.
Bid Shopping A typical building program is largely constructed by specialty contractors (e.
Horschel detests bid shopping - a not illegal but certainly questionable practice - and refuses to participate.
 
 
 
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