Job massively underbid and at a loss for what to do. Not…
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Job massively underbid and at a loss for what to do.
Not sure how to proceed from here. Bid a job last year and was awarded the contract by the GC. Fast forward to now and we just got started on the project. I've already found massive misses from my estimator and the more I delve into it, the more I find. Not really sure what to do. If we do the job I'm going to come out of pocket to finish to the tune of tens of thousands and it's only a 200k contract. Should have been 300k or over. If I just walk I'm pretty sure I'm Going to get sued for the difference by the GC. They had to have known my number was way too low. Any ideas on what to do here? For context I am a painting contractor and we missed a bunch of fly ash on the exterior and Azek trim on the job.
#industry
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Not sure how to proceed from here. Bid a job last year and was awarded the contract by the GC. Fast forward to now and we just got started on the project. I've already found massive misses from my estimator and the more I delve into it, the more I find. Not really sure what to do. If we do the job I'm going to come out of pocket to finish to the tune of tens of thousands and it's only a 200k contract. Should have been 300k or over. If I just walk I'm pretty sure I'm Going to get sued for the difference by the GC. They had to have known my number was way too low. Any ideas on what to do here? For context I am a painting contractor and we missed a bunch of fly ash on the exterior and Azek trim on the job.
#industry
source
| 6,000 mlx | |
| 2 | |
| 0 |
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Lowball Larry missed the whole job, a total disaster, my numbers never come in short.
