What is a low-ball bid?
A low- ball bid that is grossly insufficient, whether provided by an unscrupulous contractor trying to entice you to sign up with him, or by an incompetent contractor who has overlooked many unavoidable costs, it will have the same negative impact on you if you sign up with either of them. Remember the old adage, if it sounds too good to be true, it probably is. You won’t know you have been a victim of a low-ball bid until it is too late. When considering any bids use your common sense in judging the bidding contractor’s thoroughness and professionalism.