vault backup: 2025-12-10 15:58:11

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2025-12-10 15:58:11 -05:00
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---
id: risk-oriented-estimating
aliases: []
title: Bid Process Strategy
tags:
- authorship/original
- destiny/permanent
- status/incomplete
- topic/estimating
- topic/risk
- type/philosophy
- authorship/original
title: Bid Process Strategy
---
# Bid Process Strategy
@@ -17,7 +17,8 @@ title: Bid Process Strategy
This note is intended to describe bid process strategy
especially in terms of [[auction-theory]],
which specifically addresses the competitive bid format
typical of construction project award.
typical of construction project award,
and [[actuarial-science]], ...
See [[bad-bid-practice]]
@@ -57,7 +58,7 @@ relevant to the contractors decision of if and how to bid.
> until it is completed.
> [!info]
> Customers request bids as a
> Customers request bids as a
> [!tip]
> Spending _more_ time on estimates
@@ -65,4 +66,3 @@ relevant to the contractors decision of if and how to bid.
> [!tip]
> Estimating _more_ projects leads to _more_ opportunities for award.
> Estimating _fewer_ projects leads to _fewer_ opportunities for award.