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11 Ways to Submit the Best Quality Bid

Construction Business Owner

11 Ways to Submit the Best Quality Bid. An accurate bid for construction work takes time; it’s not something that can be thrown together in 15 minutes. It takes knowledge of the client, an understanding of the plan, and much skill to estimate labor, materials and equipment costs accurately. Tue, 12/20/2022 - 09:48.

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Harness the Power of Estimating Data to Grow Your Business

Construction Business Owner

Accurate takeoffs are important for getting the correct material and labor quantities for your project. But if you’re submitting bids without analyzing past project data, you’re missing out on valuable insights to prepare the most accurate estimate.

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Living in a Materials World

Viewpoint Construction Technology

Effectively managing the materials on jobsites with modern software can have a significant impact on contractors bottom lines. Every built environment turns raw materials into polished projects. But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly.

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2022 Construction Cost Changes

Construction Business Owner

Cost changes you need to know for key construction materials, labor & equipment. Material price hikes. Projects have been halted by material scarcities. And the shelf life for bids and estimates has dropped from weeks to days. construction materials. Greg Ragsdale. Wed, 04/06/2022 - 10:36. Supply chain bottlenecks.

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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

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Most common challenges in material management in construction

Lets Build

In the construction industry, one of the common challenges people face is issues with their material management. Poor material management can lead to issues with the timeline for your entire project. Here are some of the most common issues with material management and some tips for how to handle them.

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4 Mistakes to Avoid in Construction Bidding

Viewpoint Construction Technology

One of the biggest stumbling blocks, though, is often at the beginning of a project – during bidding – but there are key areas to avoid in order to make sure your teams stay on track. All of these expenses are important to include for your bid to be accurate. What advice do you have when it comes to bidding? Science Meets Art.

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