Aggressive low bids put NHAI in a fix, trend may impact quality
Highway construction agencies are facing a challenge as contractors aggressively bid up to 48% below estimated project costs, raising concerns about work quality. This trend, driven by fewer projects and increased competition, forces contractors to quote low to keep resources engaged, potentially impacting the sector's long-term health and project standards.
Highway construction agencies are facing a challenge as contractors aggressively bid up to 48% below estimated project costs, raising concerns about work quality. This trend, driven by fewer projects and increased competition, forces contractors to quote low to keep resources engaged, potentially impacting the sector's long-term health and project standards.
