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How to Negotiate Construction Bids Without Losing Your Shirt

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Manage episode 497061094 series 3549667
Content provided by ProfitDig LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ProfitDig LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Whether you're trying to win your first job or fill a hole in your schedule, negotiating a construction bid is a delicate game. In this episode of ProfitDig Live, the crew dives deep into smart (and not-so-smart) negotiation tactics contractors can use to win jobs without giving away all their profit.
💬 We cover:
✔️ When (and how) to negotiate your price
✔️ How to talk to GCs about being “a little high” on your bid
✔️ What to say without sounding desperate
✔️ The importance of building in a CYA buffer
✔️ Why relationships with suppliers matter during negotiations
✔️ When a GC reaches out to you for cuts - and how to handle it
You’ll also hear real-life examples from the ProfitDig team about how negotiation has saved jobs… and how it can go wrong if you’re not careful.
🛠 ProfitDig - easy job bidding and costing for construction contractors.
💻 Try it out at https://ProfitDig.com - unlimited jobs, just $99/month.
#constructionbids #contractoradvice #negotiationtips #gcnegotiation #ProfitDig

  continue reading

162 episodes

Artwork
iconShare
 
Manage episode 497061094 series 3549667
Content provided by ProfitDig LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by ProfitDig LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Whether you're trying to win your first job or fill a hole in your schedule, negotiating a construction bid is a delicate game. In this episode of ProfitDig Live, the crew dives deep into smart (and not-so-smart) negotiation tactics contractors can use to win jobs without giving away all their profit.
💬 We cover:
✔️ When (and how) to negotiate your price
✔️ How to talk to GCs about being “a little high” on your bid
✔️ What to say without sounding desperate
✔️ The importance of building in a CYA buffer
✔️ Why relationships with suppliers matter during negotiations
✔️ When a GC reaches out to you for cuts - and how to handle it
You’ll also hear real-life examples from the ProfitDig team about how negotiation has saved jobs… and how it can go wrong if you’re not careful.
🛠 ProfitDig - easy job bidding and costing for construction contractors.
💻 Try it out at https://ProfitDig.com - unlimited jobs, just $99/month.
#constructionbids #contractoradvice #negotiationtips #gcnegotiation #ProfitDig

  continue reading

162 episodes

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