The Very Important Differences Between a Construction Bid and Estimate - Make Sure You Get It Right!
There are very important differences between a construction bid and an estimate, and it is critical that you use the correct language with customers or potential customers. Jeff Spencer has been bidding work for 30 years so is highly knowledgeable on the subject. Our special guest, contractor Luke Fielder, joined us for this conversation and described his personal experiences related to the matter.
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Good show. The most important tool in contracting is COMMUNICATION. I tell all or my estimates customers up front that what I'm presenting is an estimated total of costs based on what is seen now, what is wanted now and what is expected now. I tell them that all major projects have surprises and the job of both parties is to expect them and minimize them with INFORMATION. BTW, my "telling" is always in writing.