Billd’s Post

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"Bad jobs will cost you more than a good job will ever make you." This advice from Clay Young, CEP, owner of Falcon Electrical Contractors, has helped him develop a bidding strategy that has a 55% bid win rate. If you're looking for ways to improve your bidding strategy, Clay suggests using these rules to determine when to bid: 📝 Closely define the kind of work you should be bidding on: Profitability should be the gold standard by which you assess all potential projects. 🤝 Rank your GCs in a tiered system: These tiers can help you be more intentional about how you handle your relationship with your GC, how often you bid, and what you bid. 📊 Carefully evaluate projects and break them into their own tiers: Just as GC relationships are not created equal, each project should be tiered from jobs you want to target to ones that you may consider targeting. Learn more about how you can create and implement a stronger bidding strategy at the link in the comments.

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