Should I Bid Against The Company That Gives Me Work?

I have a small install company, just me, one tech, and one apprentice. Like 10% of my work is as a sub from the big company across town. We run wires and hang cameras for them.

A customer calls me and asks for a quote on a job. He doesn’t try to hide the fact that he’s shopping. He blanks out the information, but I recognize the format of the bid. It's got to be the other company.

First, should I bid on this job? I can see the prices the big company quoted, and it is quite a bit more than I would normally charge. So I can beat their bid and make more money than I usually do.

Second. If I do bid on the job, how do I keep the other company from finding out?

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