Competitive Bid General Contracting | Lueder Construction
15959
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Competitive Bid

Competitive Bid

Lueder Construction has a history of maintaining a substantial presence in the hard bid public market. This assures us of keeping the pulse of the industry regarding pricing, design means and methods, and competitiveness.

Pros:

  • Lowest price on bid day
  • Scope of work, materials, and quality standards are generally well defined and agreed upon
  • Objective contractor selection process
  • Most owner decisions made up front, allowing construction to proceed immediately

Cons:

  • “Holes” in the bid documents generate change orders, resulting in higher final project costs
  • Greater time in the design phase due to the many decisions that are necessary to generate adequate bid documents
  • Preliminary budgets are hard to determine since there is no contractor on board to assist in the process
  • Delays could occur due to surprises on bid day. These could result in re-bidding the project, cost cutting, or project cancellation
  • Greater participation is required of the owner and architect in the contract administration of the project
  • Adversarial relationships can occur between the owner, architect, and contractor as all have different financial goals
Thank you for visiting Lueder Construction. It is our sincere hope that you will consider us for your next project.