Business
Avoid the Perils of the Low-Bid Gambit
When clients rely too heavily on the best price, they’re taking a risk. It's known as the peril of the low-bid gambit.
By Christy Crook
February 1, 2022
Topics
Business
by Christy Crook
Christy Crook is the president of Phoenix Masonry, a Denver-based commercial masonry firm she founded in 2010. Crook serves on the board of the American Subcontractors Association, the Rocky Mountain Masonry Institute, and Transportation and Construction GIRL, a nonprofit that encourages young women to explore careers in the transportation and construction industries. She’s an active member of the American General Contractors Association, Associated Builders and Contractors, and the National Association of Women in Construction. She can be reached at [email protected].
Related stories
Business
Nonresidential Construction Spending Dips 0.2% in July
By ABC
With construction materials prices going up, correlation may be causation when it comes to construction spending going down in the nonresidential markets.
Business
Construction Materials Prices Increase in July for First Time Since April
By ABC
Job openings might be going down, but prices now seem to be going up—for the first time in a quarter. What does that mean for the industry as budget season approaches?
Business
Construction Futures: August Economic Roundup
By Construction Executive
Construction Futures is ABC's monthly economic roundup for contractors—now published by Construction Executive.