Asked on Mar 5, 2012
How to negotiate bids?
I have recently received two bids for the following: a) blacktoping my existing gravel drive and b) adding a third driveway lane on east side of existing drive then blacktop total area. The two companies are not at all close in their bids ($1600+ difference on option "a" alone) for the same details offered on bid A. Both companies had the same fee to complete option B. Is it okay to ask the highter priced company why they are so much higher? Shouldn't the bids state offered guarentees and expectation of completion times? Or is that on the final contract only? A lot of novice questions here - I'm wanting to approach this the right way and enter into the best contract that I possibly can while covering any "what ifs". Any additional feedback would be appreciated!