Recieving confirmation to do the bid job, only its been

[kelley]

Re: Recieving confirmation to do the bid job, only its been

A company that i previously worked for was extradited from Florida to Mass. because he did not pay the full prevailing wage. We did a lot of P.W. work and he said he was putting part of the wage in an annuity for us. We started out recieving statements from the annuity showing its growth and deposits. After a while the growth wasnt there so we started asking whats up? Come to find out he was embezzeling from the funds. I soon left the company and more guys followed. Shortly after the states attorney General sent registerd letters out to all the guys who worked on these projects asking for affadavits from everyone. The jerk was found guilty and ordered to pay restitution. Some guys were owed close to $30,000! So guys pay attention to your paycheck and wage scale on these projects.

Kelley

 

[hardworkingstiff]

Re: Recieving confirmation to do the bid job, only its been

I've dealt with a few Federal projects (small ones). My experience has been that they understand a lot more about business than you realize. If you tell them you bid it at/near cost for the reasons you stated, and now your situation has changed, they may surprise you and allow you a fairly significant increase, especially if it is still below the next higher bid.

Don't get into an adversarial position. They (the Government) are not out to run anyone out of business. It is their job to insure the monies spent can be justified. It is a viable business strategy to bid low to try to cover some overhead if you have no work while you try to get some profitable work. Present it to them that way, and you might be surprised.

Be cordial, be thorough in your paperwork to them. Then, if they don't want to pay your new price, tell them "thanks for the opportunity".

Good luck.

 

[jbwhite]

Re: Recieving confirmation to do the bid job, only its been

I dont deal this in deepth with the money most of the time, but my understanding is that on government contracts there is a legaly established percent to be added for the time between bid and award.

You are required by law to use THEIR adjustment factors. I will ask more about this at work monday.

My understanding is also that the current rate is not keeping up with the increases in copper and steel prices.

 

[genset]

Re: Recieving confirmation to do the bid job, only its been

"The Government" would cover a very wide range of work. Different agencies could operate in different ways. I was asked to bid on a project for Homeland Security. They waited about 45 days to award the contract to me. My bid said good for 30 days. I thanked them but informed them of a slight cost ( copper mainly ) increase plus about 2.5% to accept payment by charge card. The contract was rewritten and the additional amount was ok'd. They got the work done they asked for and I got a fair market price for doing so. And btw, they were excellent to work for.