1. What actions could you take to mitigate the possible financial and or performance risk of subcontracting with a non-local firm with a substantially low bid ?

2. When if ever should a contractor not select a substantially low bidder that has been pre qualified?

Answer rating: 100% (QA)

Subcontracting with a nonlocal firm that submits a substantially low bid can introduce various financial and performance risks to a project Heres how these risks can be mitigated 1 Mitigating Financia... View the full answer