LouderVol
Extra and Terrestrial
- Joined
- May 19, 2014
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yeah its tricky out there right now. and it drives us up a wall dealing with some of these subs, and GCs, that do that type of underbid to change order. We try and warn our clients and GCs but its pretty rare to get away from that first dollar amount. unfortunately it takes an established relationship with at least a couple "I told you so's" before they start to really listen to us about how they aren't really saving time or money.Similar process is killing our company right now. There are a couple of upstart competitors in Charlotte bidding the same apartment complexes that we bid...they are undercutting our bids by intentionally(or being ignorant) leaving stuff out when they price these projects...then killing the GCs with change orders and ending up more expensive than we were to begin with. After a few projects of this, the GCs will likely figure this out and start choosing us again for all their work. Unfortunately, this is compounded by the fact that interest rates are still high and owners groups believe that they are coming back down...so they are waiting to break ground on projects we have already bid. Half a % or 1% is a lot of money on a $40 or $50million dollar loan.
The combination of the 2 things above has us really slow right now though. 2 superintendents like me have been laid off. There are 5 of us left. My boss has told me before that i will be the last man standing if they only have work for 1 super. Doesnt bring me much comfort though because theres too much overhead for this company to do 1 job at a time. He will just retire early at my age...he already wants to retire anyway. Hope things really pick up soon. I have been working for him 15 years and have no desire to go elsewhere.