6 Tips on Preparing HOA Vendor Bids and Evaluating Responses

HOAs exist for the benefit of all the HOA’s homeowner members. The elected Board takes care of the day-to-day business of the HOA. Of course, the Board cannot complete every maintenance job or other work that the HOA needs. So, one of the Board’s duties is to hire the best people (or company) for the job at the best price available. One way that the Board can winnow out the wheat from the chaff is by putting projects out to bid. Dealing with how preparing HOA vendor bids and evaluating responses can sometimes be a bit of a trial. No worries, though, because we have a few clever tips to help cope with this issue.     Read the article……………

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