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The document outlines 20 factors that should be considered when evaluating the riskiness of a potential construction project bid. These factors include the need for work, strength of the firm, project conditions contributing to profitability, job uncertainty, complexity, risk-creating conditions, the client and consultant, availability of local resources, level of competition, and long-term impacts on the firm, client, project, and consultant. Financial considerations, project type, workers, estimators' skills, payment schedules, owner relationships, contractor capabilities, and environmental constraints are some of the specific sub-factors listed.
The document outlines 20 factors that should be considered when evaluating the riskiness of a potential construction project bid. These factors include the need for work, strength of the firm, project conditions contributing to profitability, job uncertainty, complexity, risk-creating conditions, the client and consultant, availability of local resources, level of competition, and long-term impacts on the firm, client, project, and consultant. Financial considerations, project type, workers, estimators' skills, payment schedules, owner relationships, contractor capabilities, and environmental constraints are some of the specific sub-factors listed.
The document outlines 20 factors that should be considered when evaluating the riskiness of a potential construction project bid. These factors include the need for work, strength of the firm, project conditions contributing to profitability, job uncertainty, complexity, risk-creating conditions, the client and consultant, availability of local resources, level of competition, and long-term impacts on the firm, client, project, and consultant. Financial considerations, project type, workers, estimators' skills, payment schedules, owner relationships, contractor capabilities, and environmental constraints are some of the specific sub-factors listed.