Bid Results

[Phillies]

I was recently low bidder on a project for the local municipality. My bid was $149,000 and the next lowest bidder was $230,000. Is this going to be an issue? I've heard that a large bid spread is not good - but if I'm sure I can do the job for my bid amount what's the problem?

[Admin]

A large bid spread will make a surety nervous, as they are going to think you forgot to include something in your costs. They are going to want a good explanation as to why you can do the work so much cheaper than everyone else that placed a bid.