Transparency
As a member of the Board of Directors for an HOA or Condo Board, you have a fiduciary duty to act in the best interest of the community. When procuring contractors for work, this means getting multiple bids, keeping copies of the bids for a number of years, and creating a fair and competitive bidding process. From a regulatory perspective, ResolveBid will keep track of all of these things, even as new Board members and Property Managers change.
Transparency also helps owners get the most competitive bid from Contractors. In a fair and competitive bidding situation, Contractors will put their best price, if they don’t think they have a shot at winning, they may throw in a high number just to be there, but they won’t put in the effort to make it a good number.
We are now accepting signups from communities, contractors and design professionals. Registration is free.