Bid process
The process of selecting the successful bidder through competitive bidding and includes submission of offers, scrutiny, and evaluation of such offers as set forth in the tender.
The bid process involves soliciting, receiving, and evaluating bids from contractors. It is a structured procedure aimed at ensuring transparency, competitiveness, and fair selection of contractors.
Used in a sentence
The bid process is crucial for selecting the most qualified contractor for the job.
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Vet Contractors with Confidence: A Guide to Smart Bidder Selection
Selecting the right bidder is one of the most consequential decisions a construction team makes — yet it often happens under tight deadlines, with limited visibility into the long-term implications. While lowest-cost selection remains a standard practice across much of the industry, particularly in public and hard-bid environments, it rarely guarantees the best outcome. Leading […]
The Construction Bid Interview & Follow-up: Closing the Deal
During construction project bidding, the interview is often the last part of the request for proposal (RFP) process and one of the most influential. For teams that advance to the shortlist, the interview is the final opportunity to make a strong impression — and an important step in turning a pursuit into a project. This […]
Construction º£½Ç´óÉñ Development: Tracking and Winning the Right Opportunities
Construction business development isn’t just a response to deadlines: It’s a long-term strategy rooted in focus, visibility and timing. Delays, funding gaps and market pressure have made it harder to predict which pursuits will move forward and which will disappear after award. At the same time, clients expect more from their GC partners: earlier involvement, […]
Qualifications-Based Selection: Prioritizing Expertise over Initial Cost
For large or complex construction projects, owners and public agencies often use qualifications-based selection (QBS) to prioritize experience and capability over merely selecting the lowest bid. QBS involves owners choosing architectural and construction firms that are most qualified for the work based on their relevant experience, track record of success and proposed approach to the […]
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