If you need to bid out a paving project but don’t want to go the request for proposal (RFP) process, you can try reverse bidding. Reverse bidding is especially helpful for organizations whose budget isn’t large enough to accomplish all of its projects.
With reverse bidding, the organization reveals to potential contractors its budget for the project from the outset. The bidders then submit the amount of work they can get done for the budgeted amount. The organization then picks the contractor who can accomplish the most goals.
You can read more about reverse bidding on our education page, including how organizations can utilize the process over several years to finish a large, expensive project. Then, for help on paving and repaving work, contact us.
Tags: My Pavement Guy, paving contractors, paving project, PTG Enterprises, repaving, request for proposal, reverse bidding, RFP
