My name is Samantha, I own a flooring company that specializes in flooring repairs and installation. My company is very small, right now just myself and my husband with a few subcontractors that I use for larger jobs.
Super long story short, I have the opportunity to bid on a very large construction job, it would consist of installing flooring for a multiple family(apartment/townhomes) community with over 200 units that would need flooring. I would need to provide materials and labor, I have a supplier that can handle the materials, but I would need a lot more labor The project would run from the end of 2022 to the middle of 2024.
So my main questions: Should I even try to pursue this project or wait for something smaller? What are some of the Pro and Cons I should ponder over when deciding on whether to bid on thee project?
Are there any questions I should ask the builder regarding the project? If I do win the bid am I obligated to honor the price quoted? Lastly I most definitely do not have the capital to advance any of the cost that may be needed during the project.
Advice For My First Construction Bid
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Hi Everyone
My name is Samantha, I own a flooring company that specializes in flooring repairs and installation. My company is very small, right now just myself and my husband with a few subcontractors that I use for larger jobs.
Super long story short, I have the opportunity to bid on a very large construction job, it would consist of installing flooring for a multiple family(apartment/townhomes) community with over 200 units that would need flooring. I would need to provide materials and labor, I have a supplier that can handle the materials, but I would need a lot more labor The project would run from the end of 2022 to the middle of 2024.
So my main questions: Should I even try to pursue this project or wait for something smaller? What are some of the Pro and Cons I should ponder over when deciding on whether to bid on thee project?
Are there any questions I should ask the builder regarding the project? If I do win the bid am I obligated to honor the price quoted? Lastly I most definitely do not have the capital to advance any of the cost that may be needed during the project.
Thank you all in advance,
Samantha