Speed to bid is a leading factor for success in construction. One of the quickest ways is to use templates for estimates and proposals. List templates also save time by not forcing you to retype everything from scratch. Relevant information Contrary to popular belief – back-up materials & labor costs. So you only need to make your bid price calculations based off of current prices. Digital tools and modern estimating software additionally speed up the process. These tools have automated everything so you can calculate the amounts including costs, total (for example annually or after five years) quickly, and without having to do it manually for many hours. Splitting the project also works. Once you know the cost for each part, its much easier to add them up with your grand total bid. A second low hanging fruit is to take a lesson learned from prior projects.
Maintaining a historical record of past estimates helps turn them into resources, rather than having to constantly start from zero. Material takeoff services also help to ensure that bids can be placed faster and with greater accuracy. It makes sure that all compensation is calculated right. When the plans are all over the place, or unclear it also takes more time to check measurements. Teamwork helps as well. Getting a 2nd set of eyes to look over the numbers or even split up an estimate in half with a coworker helps speed up the process and minimizes mistakes. Finally, always plan ahead. The farther you are along with the bid before you start, the less likely there will be many delays. With the following fast and easy tools which include templates, digital solutions that can help you update costs in reality rather than depending on air, past-project registers, clear drawings to speed up work in a proper project-team manner as well as enlisting material takeoff services, you will not only be able to bid at speed but also provide more accurate bids leading to increased success.