In the construction industry, bidding on jobs is very common and how many companies acquire much of their work. The bidding process can be stressful and highly competitive, as everyone's goal is to submit a price low enough to be awarded the job, but high enough to cover all expenses and still make a profit. An estimator's worst nightmare is making a significant mistake on a bid, and then wondering how the situation can be resolved and what recourse they have.
Here's the full article from Construct Connect on Dealing With Construction Bid Mistakes.
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