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How do you specify the contract so the unknown unknowns can be priced into the bid and compared to each other. Given that resolving those unknowns costs about a
by yrb 9y ago
How do you specify the contract so the unknown unknowns can be priced into the bid and compared to each other. Given that resolving those unknowns costs about as much as the just doing the actual work.
- JumpCrisscross 9y agoYou temporarily re-open bidding when big price changes are requested. See my other comment [1]. [1] https://news.ycombinator.com/item?id=15524807 https://news.ycombinator.com/item?id=15524807
- fencepost 9y agoThat sounds like a recipe for delays and finger pointing along with massive overruns on the later parts "to fix what those other guys didn't do our way." If you want separate bidding for separate phases, bid it out that way.
- arethuza 9y agoI suspect this would just make all projects much more expensive - bidding for a large project costs a lot of money and can require large teams of people working for extended periods of time. All of that gets paid for out of the projects that are won. If you now introduce scenarios where projects can have an unknown number of bidding processes all costs will go up to cover the work necessary for multiple companies to prepare bids. It would just make things much much worse.