Value of Posting Not Posting Budgets for Bids.pdf

The document discusses the practice of including project budgets in Requests for Proposals (RFPs) and the potential implications of doing so. It highlights that while it is common in construction, it is less so for goods and services. The document emphasizes the risks associated with providing budget information in RFPs, such as contractors using the budget as a starting point for their estimates and potentially leading to increased costs through change orders. It also touches on the importance of realistic budgeting to avoid unrealistic expectations and the need for good faith procurement practices. Additionally, it mentions the challenges of dealing with unrealistic clients and the potential use of the Invitation to Negotiate process as an alternative procurement methodology.