Low-bid
In this traditional approach to project procurement, the owner and his or her design team will have completed bid and construction documents, and competitive cost proposals are solicited. In the private sector, often the bidding field is limited to several pre-qualified bidders. In the public sector, any contractor with the appropriate licenses, insurance and bonds may bid.
Many owners feel more comfortable with this method of project delivery, because its procedures are well-established, easily understood, and broadly documented. Furthermore, the owner can be assured he or she is getting the lowest possible cost for the project.
Although we negotiate more projects than we bid competitively, we maintain our skills in this area so that we can continue to offer the most cost effective approach to our clients.