Using Data in Construction Bidding

Construction Bidding

Subcontractors use construction data to stay on top of area analytics. They want to know what companies are winning the most bids for new-builds and commercial or residential renovations. The subcontractor that sent you a basket of fruit over the holidays? That’s the company that made money with you last year and wants to partner with you this year.

If subcontractors are on top of their game, they expect you to be even better informed. You have construction projects to bid. A lot of people and other companies depend on you to win the bid. What kind of information do you need to make profitable bids that hit a home run with municipalities, project managers and investors?

Ways to Bid to Win Construction Projects

You need a good software program to help you make the best bids. The construction bidding software for 2020 garnering the most favorable reviews and recommendations* include:

  • Adoddle
  • B2W Estimate
  • Building Connected
  • CoConstruct
  • Contract Complete
  • e-Builder
  • HCSS Heavy Bid
  • HeadsUp iCPM
  • iSqFt for General Contractors
  • McCormick Estimating Software
  • Methvin
  • OmTrak
  • Pantera Tools
  • PAS Concepts
  • Pipeline Suite
  • PlanHub
  • Relatics
  • SmartBid Bid Management

“Bid first, know your competition and don’t chase every job.” –Borderstates.com

Staying profitable in a competitive bidding environment means you need to know as much as possible about your local market. Every week, the latest regional construction project bids ready to preview are listed. Armed with that info, decide which jobs you can bid for profit:

  1. Do your homework – Be able to speak to design details and their ROI.
  2. Know who the decision-makers are – Learn what they require to build confidence.
  3. Push your qualifications – Be straight-up about why your team can deliver better value, stay within the budget, and meet project timelines.
  4. Embrace technology.

When You Have Construction Projects to Bid, Technology Delivers

Your software can help, but nothing can give you a better edge than local, timely, relevant construction data. Contact Construction Monitor. When you win, we win.

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*Construction Monitor does not formally endorse nor recommended any project bid/management software.