Why Accepting The Low Bid Price on a Job is sooooo Expensive

In this episode of Control Pub Talk, with “Mad” Mike Marston from Easy IO, the consequences of giving a project to the low bidder is discussed. Mike reaches out to Rick Warner, aka “The Innovator”, sans the usual Pub, to look at the true costs involved in the bidding process that is used on most new construction projects. “Penny wise and pound foolish” comes to mind as I listen to Rick explain the difference between up front price and true cost of ownership. To see more from the Innovator click here. Get more Control pub Talk with Mike Marston here.