vault backup: 2025-08-05 17:00:05
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@@ -55,3 +55,33 @@ weighted by the organizational desire to win the project.
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$$
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{E}[P]=
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$$
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## Misconceptions
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### Standard Practices
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In general, many things thought to be standard are quite the opposite.
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* Use of square receptacle symbols
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### Proposals
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Proposals are not legally binding,
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which is a double edged sword
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for intermediate subcontractors like electrical:
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* Proposals to GC's can be withdrawn for any reason
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* Proposals from subcontractors can be withdrawn for any reason
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This is obviously not popular practice,
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however it is important to recognize
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that errors aren't set in stone
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until a contract is signed.
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Destigmatizing proposal retraction is of critical concern for subcontractors.
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See [[estimating-culture]] for more on estimate error game theory.
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It's important to recognize that retracting a proposal
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may upset a few people employed by the GC,
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but consider how little your own opinion matters to your company's strategic decisions.
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Much bigger people are involved after the proposal is accepted.
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