A Good Construction Bid Should Do More Than Give You a Number
Not every project we price becomes a Highland project.
Recently, we were invited to provide pricing for a substantial hotel renovation through another contractor who was assembling a larger bid package. Our proposed scope included major interior components such as millwork, doors and bathroom hardware supply and install.
During the first round of pricing, our number was questioned because it appeared high.
Our response was not simply to defend the total. We went back through the scope and raised the questions that needed to be answered:
Had all materials been included?
Were installation requirements fully accounted for?
Were the drawings and specifications aligned?
Had coordination, logistics and project conditions been properly considered?
Were important portions of the work missing from the original assumptions?
Those questions led the bidding team to revisit the project.
After further review, it became clear that the overall bid required a significant adjustment—measured not in thousands of dollars, but in millions.
Ironically, our own portion was later questioned from the opposite direction. Once the broader scope was understood, there was concern that our pricing may have been too low and that substantially more money should be carried.
The contractor ultimately did not secure the project, which meant Highland did not secure our portion of the work.
It was disappointing. It would have been a significant and profitable project for our company.
But the process reinforced something we believe strongly:
The lowest number is not always the biggest risk.
A properly prepared construction bid should identify missing scope, challenge incomplete assumptions and force the project team to examine the work before contracts are signed.
Sometimes that makes a price appear higher at first.
Sometimes it reveals that the project was significantly underbudgeted.
And sometimes the value of a contractor’s work is demonstrated before construction ever begins.
At Highland Advantage Builders, we approach large project pricing with the same standard we bring to construction:
Understand the scope. Identify the risk. Price the work honestly.
Because finding a problem during bidding is far less expensive than discovering it during construction.