vault backup: 2025-08-08 14:29:11

construction-estimating.md

@@ -2,7 +2,7 @@
 id:
 aliases: []
 tags:
-  - estimating
+  - topic/estimating
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 # Construction Estimating
 
@@ -85,3 +85,23 @@ It's important to recognize that retracting a proposal
 may upset a few people employed by the GC,
 but consider how little your own opinion matters to your company's strategic decisions.
 Much bigger people are involved after the proposal is accepted.
+
+## Ethics
+
+Clients engaging in unethical bidding practices can quickly gain a reputation for doing so,
+leading to reduced bid response that can be impossible to fully recover from.
+
+To ensure a transparent bidding process, one must
+
+* divulge all selection criteria to bidders,
+* avoid conflicts of interest,
+* maintain confidentiality of bid submissions, and
+* provide equal access to bidding information.
+
+### Terms
+
+> [!info] Bid Shopping
+> the practice of sharing a bidder's quote with other prospective vendors
+> in order to solicit lower bids.
+> The competing quote may be legitimate, fabricated,
+> or a non-serious proposal from a colluding vendor.