As a design professional, you have likely seen your share of construction estimates. You may be in charge of evaluating bid proposals and/or in reviewing projects for value engineering possibilities. Of course, you are almost certainly involved in submitting your own proposal estimates for architectural or engineering services on a project.
I saw a recent blog discussion on construction estimates, and how owners view them. In the situation discussed, a contractor was losing business because his estimates were in nice round numbers, creating the suspicion in the owner’s mind that the numbers were not carefully put together.
One commentator, a civil engineer, said...
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Construction Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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