Contractors (also referred to as “trades”) primarily rely on bids to get hired for jobs. The bid list is a list of contractors and material vendors who are vying for a construction project. The bid list is created and managed by the client (or a general contractor acting on behalf of the client) who is looking to get a construction project completed. The client either manually manages bid lists or uses online resource. Typically, online resources (e.g.: www.1BidList.com) are more convenient due to automation of the process (i.e. search, acceptance/rejection, and management functions) as well as ability to run project/bid specific reports allowing for robust analysis of information when making a decision to either accept or reject bids. Depending on the project, clients may choose to send project details to specific contractors or post project details on the website for contractors to bid on.
The bids are not all about the cost. They are fundamentally about quality of service/materials and timeliness of delivery of the service/materials. As a result, effective bid list should be based on a comprehensive summary of the project, including timelines and detailed itemization of resources required to complete each aspect of the project; which, in turn, allows for a clear description of contractors’ qualifications as well as materials to be used to implement the project. The following are some of the consideration points to think about when creating a bid list:
The bid lists can be an efficient and effective way for contractors to find jobs and for clients to find the contractors that best fit their needs for any given project. www.1BidList.com is an online resource that makes the bidding process fast and easy for clients and contractors.