A Guide in Moving from Private to Public Construction Projects
A Guide in Moving from Private to Public Construction Projects

A Guide in Moving from Private to Public Construction Projects

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With the tighter private financing guidelines and burst housing bubble, more and more contractors are considering public work projects as their new source of revenue. It seems like a great idea on the surface. A possible federal package aimed at public works as well as infrastructure development means there can be more government projects to go around. However, making the shift and going for this drastic move requires a whole lot of preparation.

Contractors may find themselves running the risks of underbidding jobs and subsequently getting slapped with steep penalties or lose their money. If you wanted to do this drastic shift, keep in mind the many things and factors you need to consider firsthand. Shifting your company to government work is a huge decision to be made.

Read on this blog to understand more. It’ll serve as your guide.

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