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 christy@phoenix-masonry.net.

Related stories

Business
Nonresidential Construction Spending Down 0.2% in May Cover Art

Nonresidential Construction Spending Down 0.2% in May

By ABC
That start of summer is seeing the start of a slowdown in nonresidential construction spending.
Business
Construction Futures: June 2025 Economic Roundup Cover Art

Construction Futures: June 2025 Economic Roundup

By Construction Executive
Could there be more rate cuts than the construction industry originally expected this year?
Business
It’s All Relative: The Importance of Building and Maintaining Relationships in Construction Cover Art

It’s All Relative: The Importance of Building and Maintaining Relationships in Construction

By Chad Prinkey
In a world where relationships seem to be taking a backseat to digital “connectedness,” executives from a recent Associated Builders and Contractors’ panel discussion agree that where construction is concerned, rapport still matters.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.