Consequences of the decision of whether bid should be accepted or not. Case summary: 20 percent too low bid is received from a sub contractor. This loss could put the sub-contractor out of the business but it can also improve the chances to win the project of big shopping centre. The partners want to take the bid and let the sub-contractor suffer the loss.

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Chapter 5.2, Problem 1MED

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To determine: Consequences of the decision of whether bid should be accepted or not.

Case summary:

20 percent too low bid is received from a sub contractor. This loss could put the sub-contractor out of the business but it can also improve the chances to win the project of big shopping centre. The partners want to take the bid and let the sub-contractor suffer the loss.

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