Having three different proposals/cost estimates helps stretch the dollar. Having three proposals gives you options for maximizing the value of whatever action you take. And don’t tell me that we have only one option. If you think that, you’ll inflate rather than stretch your dollars. Next, figure out your time frame. For instance, if you spend $100,000, you can get something done in six months, but if you spend $200,000, you can finish it in three months. Then you can ask yourself: Is it worth spending twice the money to get the project done in half the time?
