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Industry: Construction


  • Changes to Bidding Structure Makes Jobs More Profitable
    A Connecticut contractor was losing bids, and losing money on those bids he secured, due to a bidding format that did not adequately account for all costs incurred in running his business. The bidding format used by the contractor took into account the direct costs of each job, such as materials and labor, but often ignored or underreported indirect costs such as insurance, fuel and repairs.
 
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