Financial Planning
How Many Bids Should Your HOA Get for Contract Work?
Some boards believe they need three bids for every contract, no matter how small or how undefined the scope of the work is. That’s not always the right thing to do.
Ronald A. Fenstermaker is president and CEO of IMC Resort Services Inc., AAMC, in Hilton Head Island, S.C.
Some boards believe they need three bids for every contract, no matter how small or how undefined the scope of the work is. That’s not always the right thing to do.
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