CHECKLIST: EVALUATING BIDS

  • Check whether the company pays subcontractors and suppliers in a timely fashion
  • Speak with recent or current client of the contractor
  • Inspect jobs in progress or finished jobs at other sites
  • Investigate the knowledge, training, and ability of the people who will work on your property. Refer to Figure 4.2 for sample questions
  • Verify that the contractor employs people legally eligible to work in the country
  • Determine employee turnover
  • Ensure that the contractor has the staff available to complete the work, even if you have worked with the company before
  • Consult other property managers and people with related experience with such contractor
  • Compare details such as insurance coverage and warranties

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