Recently on Twitter, I posted a quote by Tony Blair: “Sometimes it is better to lose and do the right thing than to win and do the wrong thing.” This quote perfectly summarizes my perspective on the construction industry’s bidding issues I shared one year ago, today, in the post, “Can You Afford the Lowest Bid?”
Unfortunately for specialty contractors, doing the right thing and presenting complete bids often means higher prices and work lost to contractors with low-priced, intentionally incomplete bids. As strong as the temptation is to do anything you can to win work, it is far better to be honest than to win, especially when winning means you must sacrifice what was right for success. Not only does lack of integrity damage personal and company image, it also tarnishes the reputation of the entire industry.
The fact of matter is that every player in the industry relies on someone else to get their jobs done. Owners rely on general contractors; general contractors on specialty contractors; specialty contractors on vendors and suppliers. General contractors need to recognize who their quality specialty contractors are and help them secure enough work to survive. In the same way, specialty contractors need to take steps to help their quality vendors and suppliers. If we can all protect our good contractors and vendors and improve those relationships, we’ll benefit in the long run by creating more cohesive project teams that work together for the good of the project, which has greater benefit than working for individual gain.
I want to commend those of you who have not compromised your core values to win work. It is my firm belief that honesty always wins out. I’m seeing it now with my company as work is increasing each week, and I’ve heard similar stories from my colleagues.
So today, on the anniversary of our blog, I’d like to re-open a discussion we started exactly one-year ago. What are your views of the current bidding situation in our industry? How has standing for integrity given you success in the long-run? What work is there still to be done to improve the relationship between general contractors and specialty contractors?