In this highlight from our third episode, Elissa Looney, Director of Strategic Initiatives at Perlo Construction, is joined by repeat guests Todd Duwe and Chris McLaughlin to discuss the challenges of hard bid and negotiated procurement strategies. One of the biggest challenges in a hard bid is the factor of price. If subcontractors and project teams attempt to adjust a hard bid for potential risks they see, they will not be the lowest bidder and will therefore not be awarded the project. This creates a potential for more risk and conflict between the owner, contractor, and architect.
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And finally? Work hard, build it right, and have fun!
