Public Bid Openings

I've been working on more than my share of bid projects for schools and municipalities lately. Every time I receive bids I confirm my idea that public bid openings are not a good idea.

Inevitably there are issues that need to be addressed and alternative quotes that are needed to perform an accurate analysis. If I had provided the bid info at a public bid opening I would not be able to get the info I need in a fair manner.

Public bid openings may be good for road projects and buying pencils. Not in buying insurance though.

Scott Simmonds, CPCU, ARM, CMC
"The Guy With the Big Insurance Brain"
Providing Unbiased Insurance Assurance℠

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