What should be done if the low bidder is significantly lower than others?

When a bidder presents a proposal that is significantly lower than the other bids, it's essential to review and verify potential risks associated with that bid. This involves conducting a thorough evaluation of the bidder’s cost proposal to ensure it reflects realistic pricing and does not compromise quality or project scope.

Lower bids may sometimes indicate aggressive pricing strategies, potential omissions, or underestimating project requirements. By reviewing the details, such as labor costs, material estimates, and project timelines, the project manager can gain insights into whether the low bid is sustainable or if it may lead to issues during construction. This careful assessment helps mitigate risks that could arise later in the project lifecycle, ensuring that the selected bid will meet the project's needs without compromising performance or safety. Thus, the approach of scrutinizing the low bid allows for making informed decisions based on a comprehensive understanding of potential challenges rather than making a choice solely based on cost.