If you google “construction bidding,” you’ll get more software hits than Heinz has pickles. And that’s okay. Software is leveling the playing field for construction’s small business owners that want to win profitable jobs by making the most cost-effective bids. But if you’re a drywall contractor, do you really need to use the same software […]
New and Improved Construction Industry Bidding Read More »
BIM = Business information modelingVDC = Virtual design and construction Seven years ago, we in the construction industry pondered the pros and cons of BIM software. BIM was new-to-us at that point but the concept – and the term – was introduced in 1992. Today there’s no doubt there are many advantages to business information
Using BIM, VDC to Improve Construction Bidding and Planning Read More »
You can bid badly and win construction business that is bad for business. The construction business can be more a science than a crapshoot if you use technology tools. Here are some tips for bidding badly: Be ignorant about your equipment – Don’t keep records of maintenance; if you’ve got construction business machinery that’s due
Construction Business: Bidding Badly Read More »
Subcontractors bidding for work on construction projects face a number of challenges to submit a winning proposal. Effective bidding requires confirming the client’s requirements and budget while also ensuring your costs and profit margin are fully covered. Overbidding risks losing the job to a low-balling competitor. Conversely, a bid that is below your actual expected
10 Tips for Bidding on Construction Projects Read More »
If you haven’t read any horror stories lately, check out “The Successful Bid That Put the Contractor Out of Business.” You may need the cash flow and feel an obligation to keep good employees working, but if you don’t find the right construction projects to bid – and bid them the right way – you
How to Find Construction Projects to Bid Read More »
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
Using Data in Construction Bidding Read More »
