vault backup: 2025-12-10 15:58:11
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@@ -1,14 +1,14 @@
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---
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id: risk-oriented-estimating
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aliases: []
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title: Bid Process Strategy
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tags:
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- authorship/original
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- destiny/permanent
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- status/incomplete
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- topic/estimating
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- topic/risk
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- type/philosophy
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- authorship/original
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title: Bid Process Strategy
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---
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# Bid Process Strategy
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@@ -17,7 +17,8 @@ title: Bid Process Strategy
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This note is intended to describe bid process strategy
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especially in terms of [[auction-theory]],
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which specifically addresses the competitive bid format
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typical of construction project award.
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typical of construction project award,
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and [[actuarial-science]], ...
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See [[bad-bid-practice]]
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@@ -57,7 +58,7 @@ relevant to the contractors decision of if and how to bid.
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> until it is completed.
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> [!info]
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> Customers request bids as a
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> Customers request bids as a
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> [!tip]
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> Spending _more_ time on estimates
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@@ -65,4 +66,3 @@ relevant to the contractors decision of if and how to bid.
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> [!tip]
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> Estimating _more_ projects leads to _more_ opportunities for award.
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> Estimating _fewer_ projects leads to _fewer_ opportunities for award.
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