To expedite a project an owner may choose the negotiated bid procedure. A contractor, recommended by others such as an architect or another satisfied client, enters into an agreement with the owner to provide an estimate before documentation of the project is complete. Design Drawings are submitted to the contractor for an initial estimate of the cost of the project. After establishing a budget based on the preliminary estimate, the Architect completes a full set of Architectural Drawings including structural, mechanical and electrical elements. A fixed “not to exceed” or a “cost plus a fee” contract is then negotiated between owner and contractor to complete the project.

      Benefit: With the early establishment of a budget and the selection of a contractor, a project can be completed in a shorter time period than with the standard bid procedure.

     TDL Contractors has been highly successful in the Negotiated Bid Procedure. By maintaining a successful and on going relationship with previous owners, architects and associates, many of our projects are developed under this procedure.

     Contracts awarded to TDL Contractors by negotiated bid procedures include retail, office, warehouse, maintenance and church construction. Projects include owners such as Anderson Tully Co., Cherokee Valley Golf Club, Daisy Tek Inc., Entergy Corp., Nova Factor Rx, Memphis Funeral Homes, Industrial Developments International, New Salem Baptist Church and Burlington Church of Christ.