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Abhimanyu Roat's avatar

It's also a lot to do with the tenders.

Construction tenders are super-competitive. Combine this with the low frequency of them, getting big tenders is always an existential question for the companies applying for the tender.

A lot of tenders in the country are decided basis on how low your quote was relative to what the government has estimated.

To win, companies always quote lower numbers to get their foot in, and then they end up pushing for more budgets, since what they quoted initially was unrealistic.

There was a simulation that Dr. Georgio Locatelli mentioned once, in how they simulated a tender, being applied to by many bots, and see who wins.. The bots eventually started quoting cost and time much below what was possible, just to win the quote.

Good read, subscribed!

Trisha Xavier's avatar

Im farther along the spectrum than I thought; stuck at the planning phase forever. Executive dysfunction and grave procrastination may have preemptively saved me from failure. Am I glad about it? Half of me is after reading this. :)

Lovely read, though! Insightful. Keen to explore how Big Things Get Done!

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