Comments on: Hard Bid and Ice Sculptures https://wemberinc.com/hard-bid-and-ice-sculptures-2/ Owner's Representation Wed, 27 Sep 2023 15:53:56 +0000 hourly 1 https://wordpress.org/?v=6.8.5 By: James McDonough https://wemberinc.com/hard-bid-and-ice-sculptures-2/#comment-932 Fri, 07 Nov 2014 22:18:57 +0000 http://www.wemberinc.com/?p=4972#comment-932 The story doesn’t really end here because as soon as the bride and parents leave you now have the opportunity to increase your profit by pitting the sub-contractors against each other and getting a few more bids. A few points on the flowers here and a few more points on the tent there, and your margins really start to look good. Maybe the flowers don’t smell so great, but is anyone paying attention? There’s a lot going on. The day has come and now the photographer show up an hour late (certainly it was traffic). The parents are furious and want a credit, but today’s the big day and the show must go on. For sure you impose liquidated damages on the photographer’s contract, but only partially credit the parents and once again increase your margins.

It’s a real conflict of interest for the GC, quality or profit, so it’s a good idea to reduce that very real conflict in your approach to procurement. Great parable.

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