5 months ago
A quick guide to the differences between Bids and Estimates: Estimates focus on cost while Bids move projects forward.
From a customer’s perspective, cost is one of the most important aspects early on in a construction project. And trust us, we get it: before there is a hole in the ground, the most tangible aspect are the numbers. It’s why the early stages of any project focus on an estimate or a bid.
The problem is, some people use the terms interchangeably. And when cost is a main focus, and an early estimate comes in looking like a good deal, it’s tempting to jump on board and forgo the whole bidding process. Instead, we always encourage prospective clients to go through the formal process.
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