VOLUME 5   ISSUE 29   JULY 22, 2016

 

By Bruce Jervis

 

A bid is unbalanced when it fails to rationally allocate cost, overhead and profit among the various work items. As a general rule, a public project owner may accept a “mathematically unbalanced” bid unless it creates unreasonable risk for the owner. In that case, the bid is considered “materially unbalanced.” It is non-responsive and ineligible for contract award. Read more.

 

Featured…


 

This week's blog highlights from across the industry look at:

 

  • Virtual Reality for Construction Marketing

  • Construction Industry Ranks High in Suicide Rates

  • Natural Building Blog

Read more...


 

For fans of timelapse construction videos and/or sports arenas, here's one of the Little Caesars Arena in Detroit showing to-date progress.  Read more.

 


 

 

 

 

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