Core terms · definition
A contractor's formal price proposal for a defined scope of work. Always compare multiple bids on the same written scope so you are comparing like for like, not just bottom-line numbers.
Source: InterNACHI — Inspection Glossary: Bid
Where this comes up
Where this term lands on a Columbus budget
The cost pages carry the current local ranges, and the guides explain what moves them. A published range becomes a project number only after someone looks at the site.