I did a bid about a month ago which included about 10,500' of 2/0, 3500' of 1/0, and 3500' of #4. Today I finally get the go ahead for the job, sign a contract, call the supply house to order the material, and they inform me that the wire itself will cost me an extra $4200 from the last time they gave me a price on it a month ago. Needless to say I almost threw up.
I called the company I'm doing the work for, told them the situation, and asked for a price increase. Of course they told me a bid's a bid, contracts have been signed, and I must complete the project for the agreed amount. Needless to say, they're right but I though it was worth a shot.
I guess this is going to be a hard earned lesson. Does anybody add in clause in their bid proposals to account for situations like this? If so, how do you word it?
I called the company I'm doing the work for, told them the situation, and asked for a price increase. Of course they told me a bid's a bid, contracts have been signed, and I must complete the project for the agreed amount. Needless to say, they're right but I though it was worth a shot.
I guess this is going to be a hard earned lesson. Does anybody add in clause in their bid proposals to account for situations like this? If so, how do you word it?