4 dollars ? how the hellDepends on how many big contractors are interested in it. We were 7th place last year on the first phase of a 93 million dollar bypass. We were $88000 under the engineer's estimate. Boss figured if everything went perfect he could pocket around $700,000 on $6.8 mill. Worst case, around $350,000. The next closest bid was a little over $5mill, Dexter construction out of Nova Scotia took , sorry bought it for less than $4
my buddy is a much larger contractor then me classic family been doing its over so many years bla bla but a few months ago he went to bid on a new really small car dealer ship development I think him and everyone was around 5-10k difference but the lowest bidder was about 150k lower the job started 3 months ago and ive heard the guys out of money because he went and bought some new gear before the job startedThere is a larger site work contractor in my area that is always cheap on the bid - hold on to your pants when there is a change order though.
I assumed he meant $4m...4 dollars ? how the hell
i hope so i might of misread that entirelyI assumed he meant $4m...
I have not ever figured how those low ball bids work out, unless they have a caveat as to cost Plus extras not included in bid and screw that pooch pretty hard.
Starting to see a lot of design build contracts in GA. an TN. on dot work with a lot of differences in the bids but you cant do a lot of comparing because of different contractors different designs as in the I24 I75 split up here Chattanooga.Depends on how many big contractors are interested in it. We were 7th place last year on the first phase of a 93 million dollar bypass. We were $88000 under the engineer's estimate. Boss figured if everything went perfect he could pocket around $700,000 on $6.8 mill. Worst case, around $350,000. The next closest bid was a little over $5mill, Dexter construction out of Nova Scotia took , sorry bought it for less than $4