Can I read Caution on Suicide Bidding for SMEs on EtoBox?

Caution on Suicide Bidding for SMEs by apmegremis is a document available to read on EtoBox.

What is Caution on Suicide Bidding for SMEs about?

The document discusses the issue of "suicide bidding", where contractors tender at a loss in order to win contracts, in the context of reduced construction opportunities for SMEs due to government spending cuts. It provides examples of companies that collapsed after using this unsustainable business model. While SMEs have some protections against abnormally low bids for public sector contracts, there are no such protections for private sector contracts. The best private sector bidders can hope for is that t

Author

apmegremis

Language

EN