How to create a construction bid proposal.
Learn more about the necessary details to include in a construction bid proposal, and how to create your own construction proposal template.
Creating a bid proposal is common practice in the construction industry. Indeed, a professional, well-written proposal often helps you win the opportunity to work on a given project.
If your company wins the bid, the bid document will also serve as a valuable reference tool throughout the construction process. It will help define the project's scope, keep deadlines on track, provide relevant contact details, and may even help prevent miscommunication between various parties.
What to include in your construction bid proposal template.
Bid proposals tend to be very detailed, resulting in lengthy documents. For greater efficiency in your business — especially if you're bidding on many projects — it would be beneficial to create an editable template. This will help ensure that your bid proposals are well prepared and well formatted every time.
While some construction bid proposals may be more detailed than others, there are some best practices to follow.
Make sure yours includes:
- Basic information, such as the names, contact details, and addresses of the parties involved as well as details about the site itself
- A detailed project scope, including the services you'll provide and the expected timelines
- Existing conditions of the site and how they may affect your services/responsibilities
- Total cost with pricing breakdowns
- Payment options
- Any supporting documentation relevant to the project
- Proposed work schedule, including client's response time
- Formal bid, supported by the necessary signatures
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