There isn't a perfect one-size-fits-all answer to this question, but there are a few things to consider for all project types:

  • Make sure you completely understand all project requirements - In order for you to accurately bid on a project, you'll need to know all project requirements. Do not hesitate to wait to make your bid until you've got all of the details that you need to create an accurate bid.
  • Provide some padding for unforeseen circumstances - As we're sure you're well aware of, there are a lot things that can happen that can occur that will impact the overall price of a project. It's always a good idea to accommodate this in your bid price to prevent any issues with having to increase your bid price after the project has started.