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React, { HTMLAttributes } from 'react'\nimport cn from 'classnames'\n\nimport * as s from './List.module.scss'\n\nconst List: React.FC<HTMLAttributes<HTMLUListElement>> = ({\n  className,\n  ...props\n}) => {\n  return (\n    <ul className={cn(s.wrapper, className)} {...props}>\n      {props.children}\n    </ul>\n  )\n}\n\nexport default List\n","// extracted by mini-css-extract-plugin\nexport var wrapper = \"List-module--wrapper--pipEJ\";","// extracted by mini-css-extract-plugin\nexport var section = \"Section-module--section--t2Kke\";\nexport var bg_white = \"Section-module--bg_white--K-nBF\";\nexport var bg_light = \"Section-module--bg_light--kwwQL\";\nexport var bg_dark = \"Section-module--bg_dark--vZSrp\";","import React from 'react'\nimport cn from 'classnames'\n\nimport * as s from './Section.module.scss'\n\ninterface SectionProps {\n  className?: string\n  bgColor?: 'white' | 'light' | 'dark'\n  id?: string\n}\n\nconst Section: React.FC<SectionProps> = ({\n  className,\n  id,\n  bgColor,\n  children,\n}) => {\n  return (\n    <section\n      className={cn(s.section, bgColor && s[`bg_${bgColor}`], className)}\n      id={id}\n    >\n      {children}\n    </section>\n  )\n}\n\nexport default Section\n","import React from 'react'\nimport Section from '../Common/Section'\nimport Container from '../Common/Container'\n\nimport * as s from './NewsSectionBlock.module.scss'\n\ninterface NewsSectionBlockProps {\n  date?: string\n}\n\nconst NewsSectionBlock: React.FC<NewsSectionBlockProps> = ({\n  date,\n  children,\n}) => {\n  return (\n    <Section className={s.section}>\n      <Container>\n        {date && <div className={s.date}>{date}</div>}\n        {children}\n      </Container>\n    </Section>\n  )\n}\n\nexport default NewsSectionBlock\n","// extracted by mini-css-extract-plugin\nexport var section = \"NewsSectionBlock-module--section--TD9zu\";\nexport var date = \"NewsSectionBlock-module--date--P8Mos\";","import React from 'react'\nimport { StaticImage } from 'gatsby-plugin-image'\nimport NewsSectionBlock from '../components/NewsSectionBlock'\nimport SEO from '../components/seo'\nimport Typography from '../components/Common/Typography'\nimport List from '../components/Common/List'\n\nimport * as s from '../pages/news.module.scss'\n\nconst CompetitiveBiddingOnYourProjects: React.FC = () => {\n  return (\n    <>\n      <SEO\n        title=\"Three Questions about the Need for Competitive Bidding on Your Projects\"\n        description=\"With an automated rate alignment tool, you can align your savings goals with the limited amount of time your team has to manage the process\"\n      />\n      <NewsSectionBlock>\n        <Typography variant=\"h1\" color=\"blue\">\n          {`Why Do You Need Competitive Bidding\\n On Your Projects?`}\n        </Typography>\n        <Typography variant=\"body1\">\n          A diverse range of organisations (from tech to healthcare) can\n          participate in the competitive bidding process. So, what is\n          competitive bidding, and what do you need to know about it?\n        </Typography>\n        <Typography variant=\"body1\">\n          It’s a process of procurement that promotes equality since an\n          enterprise of any income or size can partake. Everyone has an equal\n          opportunity to become a seller or buyer. Competitive bidding creates\n          an environment to enable companies to make informed investment\n          choices. In addition, it lets companies identify different ways of\n          innovating their product or business.\n        </Typography>\n        <Typography variant=\"body1\">\n          With age, competitive bidding has evolved exponentially. It does not\n          include people spending more resources and time undergoing the bidding\n          process. Moreover, it does not require having great methods for\n          running the bidding procedure.\n        </Typography>\n        <Typography variant=\"body1\">\n          The only thing you require is a couple of basic things to initiate\n          building a solid competitive bidding process:\n        </Typography>\n        <List className=\"pl-4\">\n          <li>\n            A shared directory comprising updated contact details of vendors\n          </li>\n          <li>A decent bid template</li>\n          <li>\n            A centralised method for every team member to access updated\n            documents from all devices\n          </li>\n          <li>A clean work scope</li>\n        </List>\n        <Typography variant=\"body1\">\n          While levelling bids in a manual process, the team gets\n          disincentivised to invite different bidders. The automated bid\n          levelling software allows you to align the cost-savings goals within a\n          limited timeframe. And your team must manage the overall method within\n          the given time. Note that the tool does all the administrative work,\n          allowing your team to spend time on crucial business challenges.\n        </Typography>\n        <Typography variant=\"body1\">\n          So, if you have finally decided to opt for competitive bidding on the\n          project, now is the time to learn further. On that note, here are the\n          top three questions you need to answer beforehand. Welcome to this\n          post that elucidates the three questions to ask before you consider\n          competitive bidding for your project.\n        </Typography>\n        <Typography variant=\"h2\" color=\"blue\">\n          Are You Aware Of The Opportunity Cost Of Not Bidding On The Work?\n        </Typography>\n        <div className={s.imageWrap}>\n          <StaticImage\n            width={720}\n            src=\"../assets/images/articles/competitive-bidding-on-your-projects/image-1.jpeg\"\n            alt=\"Competitive bidding on your projects\"\n            title=\"Competitive bidding on your projects\"\n            placeholder=\"blurred\"\n          />\n        </div>\n        <Typography variant=\"body1\">\n          Do you know that competitive bids reveal the expanse of sticking with\n          the preferred vendor for the work? And over the years, you may work\n          with the preferred vendors to manage the expenses depending on the\n          fair market value. But that’s true only when you establish the\n          baseline. So, before you ensure whether to bid or not, you must ask:{' '}\n          <strong>how does construction bidding work</strong>?\n        </Typography>\n        <Typography variant=\"body1\">\n          Learn <strong>what is construction bidding</strong> before you make\n          your decision. If you fail to make a profit, you don’t have any\n          business bidding on it. On the contrary, not putting work into bidding\n          may have some opportunity expenses.\n        </Typography>\n        <Typography variant=\"body1\">\n          So, the first thing is to ensure you have a comprehensive and accurate\n          account of the annual labour equipment cost. That way, you may\n          estimate the overall costs accordingly. While calculating the labour\n          expenses, ensure to include the following:\n        </Typography>\n        <List className=\"pl-4\">\n          <li>Insurance</li>\n          <li>Taxes</li>\n          <li>Workers’ compensation</li>\n          <li>Tools & equipment</li>\n          <li>Vacation fee</li>\n          <li>Other additional benefits for the workers</li>\n        </List>\n        <Typography variant=\"body1\">\n          As soon as you determine how much it costs you to complete the\n          project, you must consider variables such as:\n        </Typography>\n        <List className=\"pl-4\">\n          <li>Contract requirement</li>\n          <li>Location</li>\n          <li>Construction’s planned method and more</li>\n        </List>\n        <Typography variant=\"body1\">\n          It determines where the job is profitable and whether you need to\n          submit the winning bid.\n        </Typography>\n        <Typography variant=\"body1\">\n          One note: You can use the{' '}\n          <strong>best construction bidding software</strong> to track, create,\n          and manage bids. It has features like contact management, projective\n          management, and analytics and reporting. These tools allow the project\n          owner to increase bid efficacy and profitability.\n        </Typography>\n        <Typography variant=\"h2\" color=\"blue\">\n          Does your organisation evolve with the industry?\n        </Typography>\n        <div className={s.imageWrap}>\n          <StaticImage\n            src=\"../assets/images/articles/competitive-bidding-on-your-projects/image-2.png\"\n            alt=\"Competitive bidding on your projects 2\"\n            title=\"Competitive bidding on your projects 2\"\n            placeholder=\"blurred\"\n          />\n        </div>\n        <Typography variant=\"body1\">\n          With technological innovations and alterations,{' '}\n          <strong>construction bidding forms</strong> have changed. Although the\n          real estate industry’s adaptation to these innovations is slow, its\n          curve is steadily pointing up industry leaders to implement\n          technologies. That way, they can drive efficiency, transparency, and\n          high project returns.\n        </Typography>\n        <Typography variant=\"body1\">\n          Now, what is bidding in construction? Well, construction bidding is\n          the method to submit a tender by the contractor to clients. It’s in\n          the form of a proposal for managing or conducting a construction\n          project.\n        </Typography>\n        <Typography variant=\"body1\">\n          The process of bidding is essential in the construction project. After\n          all, it enables companies and firms to hire contractors. So, consider\n          how much your establishment has evolved over the years when deciding\n          whether to bid.\n        </Typography>\n        <Typography variant=\"body1\">\n          Do you only consider your past relationships with vendors? If you want\n          to choose them solely, you might be falling far behind the\n          advancements. You may want to identify qualified vendors. Also, ensure\n          that you implement new ways to manage the project. In addition,\n          whether there are effective ways to achieve quality work at better\n          rates or not.\n        </Typography>\n        <Typography variant=\"body1\">\n          While assessing <strong>how bidding work in construction does</strong>\n          , choose vendors who are diligent in modernising & make shops\n          efficient. Remember one thing – the inefficiency costs get added to\n          the bill. That’s irrespective of whether the vendor faxes the change\n          orders or resists contemporary construction practices.\n        </Typography>\n        <Typography variant=\"h2\" color=\"blue\">\n          How Dependent Is Your Supplier On You For Business?\n        </Typography>\n        <Typography variant=\"body1\">\n          The construction business depends on the trust between collaborating\n          parties. So, one factor that assesses a strong relationship between\n          businesses and their suppliers is the dependency between parties. Do\n          you know dependency and trust in any business relationship are vital?\n          Dependence and trust act as the antecedents to the following\n          dimensions:\n        </Typography>\n        <List className=\"pl-4\">\n          <li>Satisfaction</li>\n          <li>Commitment</li>\n          <li>Long‐term orientation</li>\n          <li>Communication</li>\n        </List>\n        <Typography variant=\"body1\">\n          If you ask what the bidding process in construction is, here’s a\n          brief:\n        </Typography>\n        <List className=\"pl-4\">\n          <li>The contractor or client sends the bid invitations</li>\n          <li>\n            The subcontractors and contractors get invitations, including a\n            penalty, scope of work, time of completion, pre-qualification\n            details\n          </li>\n          <li>\n            Sub-contractors and contractors download tender documents & review\n            that project depending on cost codes\n          </li>\n          <li>\n            Contractors or sub-contractors submit the bid to general contractors\n            or clients\n          </li>\n          <li>\n            The client or general contractor rewards the bid to subcontractors\n            with the competitive bid, and it transforms into a commitment\n          </li>\n        </List>\n        <Typography variant=\"body1\">\n          In the <strong>bidding process construction</strong>, there are three\n          major decisions: the project delivery, the procurement, and the\n          contract processes.\n        </Typography>\n        <Typography variant=\"body1\">\n          So, you must learn how much of business the supplier’s business\n          comprises. It may sound beneficial to be the vendors’ prime source of\n          work, but that might be risky also. According to the rules, the\n          vendors must derive not more than 20% of the income from a customer.\n        </Typography>\n        <Typography variant=\"body1\">\n          SIGNAX is unified solution to help you reduce the time required for\n          making management decisions. Actual schedule and the budgets are here\n          in your smartphone. Control the construction resources remotely.\n          SIGNAX digital solution will make your bidding process less\n          complicated.\n        </Typography>\n      </NewsSectionBlock>\n    </>\n  )\n}\n\nexport default CompetitiveBiddingOnYourProjects\n","// extracted by mini-css-extract-plugin\nexport var section = \"news-module--section--g5uoe\";\nexport var maxContent = \"news-module--maxContent--mpYRW\";\nexport var content = \"news-module--content--v60SD\";\nexport var textTitle = \"news-module--textTitle--nitTa\";\nexport var textLists = \"news-module--textLists--IMoga\";\nexport var disc = \"news-module--disc--AqJ0s\";\nexport var auto = \"news-module--auto--u9wuf\";\nexport var decimal = \"news-module--decimal--+OTUr\";\nexport var check_mark = \"news-module--check_mark--P6DHG\";\nexport var imageBlock = \"news-module--imageBlock--TmnyQ\";\nexport var imageText = \"news-module--imageText--DgNcO\";\nexport var imageFullWidth = \"news-module--imageFullWidth--Rg4vs\";\nexport var imageEvent = \"news-module--imageEvent--y9m8O\";\nexport var imageClickable = \"news-module--imageClickable--wN1YK\";\nexport var imageClickable_bottom = \"news-module--imageClickable_bottom--6ol01\";\nexport var brandButtons = \"news-module--brandButtons--Alw1o\";\nexport var text = \"news-module--text--5E1Q6\";\nexport var video = \"news-module--video--6ohKO\";\nexport var videoSize = \"news-module--videoSize--WLsUN\";\nexport var authorWrapper = \"news-module--authorWrapper--pKcye\";\nexport var author = \"news-module--author--F1DUO\";\nexport var special_offer_image = \"news-module--special_offer_image--2F8hV\";\nexport var columnWrapper = \"news-module--columnWrapper--805HQ\";\nexport var boxShadow = \"news-module--boxShadow--zn30v\";\nexport var youtubeVideo = \"news-module--youtubeVideo---NENF\";\nexport var imageWrap = \"news-module--imageWrap--wN+Es\";\nexport var textWrap = \"news-module--textWrap--sagCF\";\nexport var textWrapCentered = \"news-module--textWrapCentered--Gc1WE\";\nexport var margin_top_48 = \"news-module--margin_top_48--icjNV\";\nexport var contentWrap = \"news-module--contentWrap--+JWDB\";\nexport var productLinksWrapper = \"news-module--productLinksWrapper--s8uye\";"],"names":["className","props","cn","children","section","bg_white","bg_light","bg_dark","id","bgColor","s","date","Section","Container","title","description","variant","color","S","width","src","alt","placeholder","textLists","decimal","check_mark","imageBlock","imageClickable","text","authorWrapper","columnWrapper","youtubeVideo","imageWrap","textWrap","textWrapCentered","margin_top_48","contentWrap","productLinksWrapper"],"sourceRoot":""}