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andio76 t1_iqw582k wrote

SO the winning bid was 4 million dollars under your own internal estimate.....

And they awarded the bid.

Well.....that's a big red Chinese flag....

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temptags t1_iqxb4st wrote

I agree. $4M (almost 30% below) under the engineer's estimate is egregious and would be extremely difficult to justify. Many other agencies would've thrown it out and gone with the next lowest bid.

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epicwinguy101 t1_iqxi6y7 wrote

On the bright side, they only went 30% over it looks like, so while it wasn't the steal that was promised, at least it ended up roughly where it should?

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jabbadarth t1_iqxn2zr wrote

What's crazy is every single homeowner suggestion about hiring contractors says never pick the lowest bid. Why does an entire city ignore this advice?

Like if 3 bids are close sure but when the big is 30% lower than an engineering estimate that's just dumb.

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temptags t1_ir04fk3 wrote

Low bid procurements are pretty standard in this industry and typically have the most potential to yield the best value to the owner. There are no guarantees that going with a higher bid would bring better value, absorb more risk, or be more reliable. That said, accepting a bid that's 30% lower than the engineer's estimate would be very difficult to justify as reasonable unless there were unique circumstances.

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