Video

  • 15 minutes

Overview of the Procurement Process and Project Delivery Methods

 

Even with the best set of construction plans things can go wrong.

A bid is an offer typically made in response to a solicitation. In the typical design-bid-build environment, a bid is often comprised of a single price. This is contrasted with a proposal, where the proposer often includes a technical approach, as well as pricing information. This video covers bids in commercial or public environments and common project delivery systems.

Runtime: 14 minutes