Understanding Bids and Specs: Get the Best Value When Building

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Few goods come with a set price. Vendors and manufacturers will give you a price — but how do you know that it's their best price?

In day-to-day purchases, price may be less important to you than your relationship with the sales rep, or the service you receive from the supplier. But when planning a $15 million building, each small decision becomes magnified. On a big job with a big budget, paying premiums adds up.

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