Understanding Bids - Why Get Multiple Bids?
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Tyson, one of the owners of Summit Integrated Systems, delves into the intricacies of obtaining multiple bids for your church's AV project.
Key Points:
- Define what constitutes a "similar product" when seeking multiple bids. Explore two approaches: hiring a consultant or compiling a comprehensive list in-house.
- Understand the potential high costs associated with hiring a consultant for design, specifications, and drawings. Consultants often charge substantial fees for their expertise, and their hourly rates can be steep.
- Discover the common issue of rework and duplication when transitioning from a consultant's conceptual design to an integrator's detailed drawing set. This redundancy can lead to additional expenses for the church.
- Learn to identify potential pitfalls in bids, such as gray areas, unclear quantities, and missing accessories. These can lead to discrepancies between what the church expects and what the contractor provides.
This video was produced in partnership with Summit Integrated Systems and is a part of a wide range of videos produced, entitled LINK.