The stakes are even higher when putting together a bid for large infrastructure or public works projects. This is because there are more stringent requirements to meet. Construction estimates are one of those items that must be as precise as possible. Construction bidding software, also known as construction estimating software, is a time-saving tool. It helps produce accurate project cost and schedule estimates, ensuring everything is noticed.

There are many bidding software on the market, each with its features and capabilities. If you’re considering investing in such technology, here are some features to look for. This will help you make the best decision for your company and the projects you undertake.

Databases For Archiving Historical And Industry Data

These enable you to tap into a goldmine of previous project data for logging per-unit costs, timelines, and work hours. Without preliminary figures, current industry costs can help fill in the blanks.

Integration With Third-Party Software

Much of the construction data you use can be found in used programs like traditional computer spreadsheets. The ability to import and export data with these programs saves valuable time. Re-entering data allows you to produce bids more quickly. If you use other software to share data, make sure it is compatible with your bidding software. This ensures that everything is recovered during the transition.

Reporting

This is an essential feature for streamlining the production and distribution of reports. You’ll be able to generate data for faster analysis and data-driven decision-making. Do your customers appreciate regular updates? Do you send out more general labor and material cost progress reports?

Database Or Library For Takeoff

This allows you to upload digital blueprints from which data can be extracted to calculate the labor and materials cost. Also, you can get the associated costs. Once you’ve saved the data within your bidding software, they’ll be a great reference for future bids. You can refer to the library as a rich material quantity and cost source in the bid package. Importing the previous data sets can result in a well-informed bid without making different estimates each time.

Capabilities For What-If Scenarios

Details can change during the construction process. Running what-if analysis allows you to compare the effects of these changes. So, for example, you can show what happens when you swap out materials, account for unexpected risks like supply chain disruption, or present options for the client to consider when submitting your bid.

Workflow Administration

Assembling a bid is a collaborative effort that necessitates careful process coordination. Especially if one person’s input is contingent on another entering theirs. With many people contributing to the bid, you may want to look for a solution that includes task alert and checkoff capabilities. It is required to keep the bidding process moving and to reduce bottlenecks that can slow down the workflow. Workflow management improves process accountability. Submitting a proposal for large-scale projects can make a significant difference.

Quick Assistance

Do you have any projects that run late at night, overnight, or on weekends? Construction does not operate on a 9-to-5 basis, nor should your software providers. Having self-service and full-service support available when you need it can be useful. You can contact them if you run into software issues or interface hiccups. Then, if you need it, 24/7 customer service support via phone or live online chat will be invaluable.

Conclusion

Construction bidding software assists you in creating accurate bid proposals to secure more wins. The bidding software assists you in creating accurate bids, making your job easy. This can boost your confidence and certainty in your bids. If you are looking for project cost estimation software, you can reach out to Quick Devis. Get in touch with us, and our team will help you with project estimation.