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Beware of the Low Bidders

March 15th, 2009 |

Recognize this salesman? There is a growing business practice in my industry that I must reluctantly speak on. With the economy doing so poorly and this practice working so well, it’s becoming more prevalent. Underbidding. There are two types of underbids, Intentional and unintentional. Today I’ll speak on:

Intentionally Underbidding.
This is when a company makes a bid on a project that is less than what they can do it for and less than what they actually intend on charging you.
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