Construction Bidding Process: Everything You Need to Know
By Hemlata Maheshwari / June 11, 2025
When a buyer starts any construction project, they use the bidding process to discover the best contractor. First, they share...
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You must have heard about the auction, but the reverse auction took place in 1990. It is a bold idea, and it rapidly became a smart way to save money on purchasing. Big companies like General Electric first used them in the late 1990s, saving nearly 20% on a $1 billion contract. Since then, […]