4 ms·
> It’s common in the construction industry to compete during the bidding phase by underestimating the time and cost of the project, then making up for it with c
by Ozzie_osman 5y ago
> It’s common in the construction industry to compete during the bidding phase by underestimating the time and cost of the project, then making up for it with change orders later.
This is called change order abuse. Sometimes the contractor actually has an inside person receiving kick-backs or bribes where they can purposefully underbid while knowing in advance that they will be able to make it up with change orders (which will be approved by the inside person)