Posted by Andy Martin on February 15, 2018 at 20:08:53 from (209.213.149.120):
In Reply to: Bidding work posted by 37chief on February 15, 2018 at 12:48:39:
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Yeah, except some customers demand you under bid or you're out of the game. I'm talking multi million dollar contracts with big companies. Then once you have the job you have to study the contract and make sure you pick up all the extra work you are asked to do. I was working for a large oil company one time when they thought they'd cut a fat hog by bidding refinery turnaround work for a fixed price. They were all smug until they opened the bids and analyzed them. I went to PA to a meeting and asked the main guy during a break in our meeting how their plan was going. I said it's funny how the low bidder has the highest extra work rates and is a scam artist and the reasonable bidder has the reasonable extra work rates and is an honest contractor. He said "how'd you know?" and was angry. I told him I had done a little contracting work and wasn't born yesterday. I got in trouble because they thought I had somehow seen their bids and was making fun of him. Of course they had to take the low bid, and could not bring themselves to estimate at least some extras. The contractor made a killing on the job, $20 million project with $30 million in extras. And they guy I had talked to got fired. I got fired too for sneaking a peak at their bids. Ha ha ha ha. I always found another job.
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