The purpose of a bid proposal is for a company to give a client the best offer regarding project costs, deadline estimates, and other important criteria. Bid proposals are detailed documents describing the services and products a contractor will provide at stated price points and on stated timelines.
Although construction companies should use a contract bid proposal template that works best for them, most proposals will begin with basic contact information for all parties involved. Other common elements of a construction bid proposal include the specific services and products to be provided and their base bids.
More complex construction bid proposals will include alternative prices for services that might be adjusted, added, or removed before project completion. Contractors often have warranty stipulations and other service guarantees as an additional selling point in their bid proposals.
One of the most important things to consider when writing a bid proposal is setting the precise final scope of the work it describes. Construction contractors that fail to restrict project scope in their bid proposals risk encountering conflict from clients who have unreasonable expectations.
