What process is followed for selecting contractors for condominium projects?

The process followed for selecting contractors for condominium projects is the Bidding Process. This is a systematic approach that involves soliciting proposals from various contractors to complete specific projects, ensuring that the management can assess multiple options based on both price and quality of service.

In the bidding process, all interested contractors are invited to submit their bids based on the project's requirements. These bids are then evaluated on criteria such as cost, experience, timelines, and compliance with project specifications. This transparent process not only enables the management team to choose the best offer but also helps ensure that funds are used efficiently and that the work meets the condominium's standards.

By focusing on competitive bids, the condominium management can mitigate risks associated with contractor selection, such as cost overruns or subpar work. This method promotes fairness and accountability, making it easier to manage future contractor relationships and maintain quality control throughout the project.