Interpreting Bid Tabulation Results
6:29
9:33
42.2K views
At 6:29 in
Bidding and Estimating Stupid Mistakes Landscapers & Contractors Make when pricing their jobs
What happens here
The creator presents the '2018 Farmington Outdoor Pool Demolition Project Bid Tabulation' sheet, showing the mobilization, demolition & removal, granular fill, topsoil, seeding erosion control & site restoration, and total bid for several companies. He points out the two lowest bids in the $50k range and highlights well-established demolition companies like 'Vite and Bolander' whose bids are considerably higher, suggesting their prices are more accurate indicators of real costs.
Goal: Learn to read and interpret bid tabulation sheets to gauge competitive pricing.
Tools and materials
- Bid Tabulation Sheet N/A — Document showing detailed bids from various contractors