Competitive Bidding is a process in which the owner selects an architect who then distributes plans and specifications to builders who have previously demonstrated they provide only the highest quality work that meets or exceeds the standards of the contractor. It is then the owner’s responsibility to choose the most qualified builder for the project.
There are three ways in which a contractor is chosen:
Hard Bid: the owner looks for bidders and agrees to the lowest, but competent bidder
Select Bid: the owner selects from a specific group of contractors to bid on the project
Negotiated Bid: the owner speaks directly with one or more contractors, and selects a contractor from this group
Carmichael Construction takes this process seriously, and ensures that by painstakingly assessing all subcontractors and suppliers we deliver the quality necessary to surpass all expectations throughout the build process.
If you or your team has questions and would like to speak with us about the Competitive Bid process, we’d love to hear from you! Give us a call at (402) 463-1353.