Although the construction industry continues to recover, margins have eroded, change orders have become increasingly difficult to negotiate, and project contingencies have been reduced or eliminated. In addition, allowing estimating room for unknown bid errors as well as protecting against below-budget job performance have become increasingly difficult to build into final bids.
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The Dos & Don’ts of Preparing Successful Financial Bids
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About the Author
Todd A. Feuerman, CPA, CCA, MBA, is a director in the audit and accounting department of the mid-Atlantic CPA firm, Ellin & Tucker in Baltimore, MD.
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