Every contractor will relate to the experience of fine-tuning their bid to the very last nickel and still being second low bidder by only the thinnest of margins.
We wondered just how often this happened, and if there was anything that could be learned from taking a closer look at the bidding patterns of the successful low bidders. In particular, it might be instructive to measure your company's performance against the identified industry averages as an indication of the overall effectiveness of your estimating and bidding success.
Our report is based on the analysis of more than two thousand bid results between August 9th 2004 and March 9th 2009. Download a copy today!