Also called “hard bid”, competitive bid solution is the traditional delivery method with which most owners are familiar. The owner hires an architect who prepares the plans and specifications. The competitive bid process is:
- a turn key solution
- easy to administer
- ensures a specified design
The YMCA is an example of a competitive bid project that included several athletic flooring surfaces. Competitive bid is often the best choice for organizations that have built before or following a proven template.
Competitive bid projects are quoted by several general contractors, based on specified drawings and materials. A building contract is then awarded to the lowest bidder. This process may limit a builders ability office advice on cost saving or efficiency.
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