At most HOAs, bidding out work is an on-the-fly type process. It’s not uniform, and sometimes the process works better than at other times. Why does that matter? Because when your bidding process doesn’t work well, your HOA is probably losing money.
Instead of an unplanned process, your board should have guidelines covering when it will request bids for work and how the bids will be solicited and reviewed. Here, we show you how.
News items of national interest regarding Condominium and Homeowner associations, compiled by the Community Associations Network