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(f) Any bid may be rejected if the contracting officer determines in writing that it is unreasonable as to price. Unreasonableness of price includes not only the total price of the bid, but the prices for individual line items as well.
The results of the survey showed that the five most important factors affecting the bidding decisions were ?project type?, ?availability of resources and people?, ?experience?, ?need for work?, and ?location of project?.
Once you determine what it will cost you to complete the project, you need to consider other variables like location, contract requirement, planned method of construction, etc., and determine if the job will be profitable should you submit the winning bid.
What is a bid or no-bid decision process? Bid or no-bid decision-making is when service providers (sellers) consider various factors before making an informed decision as to whether or not they should submit a bid proposal in response to a request for proposal (RFP).
Why might a contractor decide not to bid a particular project? Factors include the type of construction, location of the project, size of the project, the design consultants, availability of qualified personnel, bonding capacity and current backlog of work.