Kanat Sultanbekov New York On How To Win Bids
Bid-hit rate is a big factor in the construction industry. Without bids, the industry will not sustain itself for long. Yet, if one takes a closer look at the industry, one will find that the bid rate is pretty low for some companies. The bid-hit rate refers to the projects which construction companies get from submitting proposals. Due to the highly competitive nature of the construction industry, the bid-hit rate does not go up. Losing bids is one of the reasons why most construction companies struggle to survive. It is also one of the major reasons which push construction companies toward failure. Therefore, those who want to embark on this industry, need to know how to use their skills to write an effective proposal to win more bids.
Kanat Sultanbekov New York – Estimating & Bidding
Kanat Sultanbekov New York is an experienced construction manager. He has worked with numerous construction companies to know the construction industry from its core. Kanat reveals that to succeed in this industry professionals need to master estimating and bidding skills. These two are essential because ultimately bidding and estimating play a major role in winning projects. Due to this reason, Kanat puts serious emphasis on bidding & estimating.
Bidding is nothing but the method of presenting a proposal to prospective clients for projects. Pitching for services and solutions is also regarded as bidding. It may seem like an easy task, but one needs to understand that a plethora of actions takes place just to submit one bid.
A contractor needs to review a project before preparing the pitch. Once the pitch gets prepared, they need to review the pitch for erroneous inclusions. Only after being completely sure, one finally submits their proposal. Therefore, it is not an easy task to write an effective bid. Sometimes construction companies seek help from experts to write their bids.
Writing A Bid To Win Projects
Kanat shares his experience of writing bids to get projects. He reveals that writing bids required experience. One gets better with time and effort. Usually, it takes at least 4 to 5 bids to understand the process. Because of its competitive nature, construction companies start getting projects after almost 10 bids. However, when written skillfully, one can get projects earlier, assures Kanat.
Knowing the bidding method helps in preparing an effective proposal for bids. One needs to be familiar with the process to write a project-winning proposal. Kanat urges construction experts to study all the documents before even getting down to write a single line. A proposal needs to be detailed to be effective. One must include as much information as one can in a proposal.
Sometimes clients provide bid templates to make the matter easier for the companies. In case, that takes place, one needs to use the template provided by the client without hesitation. This shows that the company is willing to work according to the client’s advice.
Kanat Sultanbekov New York urges construction professionals to relax while preparing a bid proposal. He claims that one should never focus on low project charges. Focusing on value pays off in the long run.