Construction bid management resources

Discover guides for finding top-tier subcontractors, process enhancements, higher response rates and cutting-edge bid management.

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Cost Analysis

A Simple Guide To Construction Markup - Discover How To Track Your Profits

Discover the difference between construction markup and margin. Avoid underpricing or overpricing projects with our guide on calculating the right markup

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Project Planning

Bid Format For Construction: A Complete Review

We'll discuss the bid format for successful proposals. Construction bid packages are vital for winning contracts, detailing project requirements, and showcasing contractor qualifications, approach, scope, and costs.

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Bidding

What Are the Types of Bidding in Construction? A Deep Dive Into the Basics

Explore the various types of construction bidding methods. Gain a deep understanding of the fundamentals. Essential for contractors and project owners.

construction workers
Cost Analysis

How To Calculate Labor Cost In Construction - The Only Guide You Need

Guide to calculating construction labor costs: essential for 40% of project budgets, covering wages, benefits, taxes, and software tools. Avoids profit loss and delays.

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Technology & Tools

What is a Blueprint Takeoff? A Comprehensive Guide to Construction Takeoff Process

Comprehensive guide on construction takeoff, detailing material estimation and process efficiency for contractors

cost analysis
Cost Analysis

Construction Cost Analysis: A Comprehensive Guide

Construction cost analysis is vital for successful projects. It assesses expenses, identifies savings, and informs decisions.

construction plans
Contract Management

Guaranteed Maximum Price Construction Contracts: Everything You Should Know

Explore GMP contracts in construction: their benefits, risks, and how they compare to fixed-price contracts for complex projects.

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Project Planning

Scope Of Work In Construction: The Only Guide You Need To Understand It

Essential guide to construction scope of work, covering project management, contractor responsibilities, quality, timeline, and crucial contract details.

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Project Planning

Bid Leveling in Construction: Choose The Best Subcontractors For The Job (Fast)

Master bid leveling in pre-construction to choose the best value subcontractor, not just the lowest bid. Avoid risks and ensure project success

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Bidding

What is a Bid in Construction, and What's Its Purpose?

Accurate construction bidding ensures competitive pricing and quality, involving various bid types and methods tailored to different projects and client needs.

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Bidding

Where to Bid on Construction Jobs? The Top 3 Sources to Land Your Next Building Project

Discover the top 3 sources for bidding on construction jobs and securing your next building project. Essential guidance for contractors.

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Cost Analysis

Construction Budgeting: A Comprehensive Guide

Master construction budgeting for project success. Learn to manage hard and soft costs, contingency funds, and avoid common mistakes with our guide

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Contract Management

Hard Bid Construction: The Essentials of Competitive Fixed-Price Contracting

Explore the key elements of hard bid construction, a competitive fixed-price contracting method, in this comprehensive guide.

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Contract Management

Lump Sum Construction Contracts: A Comprehensive Guide to Fixed-Price Contracting

Discover the details of lump sum construction contracts and fixed-price contracting in this comprehensive guide. Essential for contractors and project owners.

documents
Bidding

Construction Tendering 101: All You Need to Know

Discover the basics of construction tendering, including types, processes, and its critical role in selecting contractors.

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Project Planning

Construction Bidding Requirements: A Guide To The Process

Win more contracts with effective construction bidding. Learn key construction requirements, and avoid common mistakes for success."

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Project Planning

Construction Schedule Of Values: What Is It And How Does It Work?

A guide to understanding the Schedule of Values in construction, detailing its role in tracking project progress, budgeting, and ensuring payment accuracy

construction plans
Bidding

How to Write a Bid Proposal for Construction Projects (With Example!)

Craft a compelling construction bid proposal by detailing work scope, cost, schedule, terms, and contact info to increase hiring chances.

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Bidding

Mastering Invitation To Bid In Construction To Attract The Right Offer

Learn to master the art of construction invitation to bid to attract the perfect offers for your projects. Essential for contractors and project owners.

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Technology & Tools

FREE Invitation For Bid Template: Downtobid

Downtobid revolutionizes construction bidding with sophisticated tools and offers a free, effective Invitation to Bid template

bid meeting
Bidding

Pre-Bid Meeting: What It Is, The Benefits, And How To Prepare For One

Explore pre-bid meetings for construction bids: learn their purpose, benefits, and preparation strategies to enhance your bidding success

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Bid Board

How estimating emails kill specialty subs

The article explains how overloaded estimating email inboxes impact the productivity and profits of specialty subcontractors, emphasizing the need for effective email management solutions.

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Bid Board

Introducing BasisBoard: the new bid board that saves you hours each day

The article introduces BasisBoard's new bid board, designed to save construction contractors hours each day by streamlining bid tracking and coordination.

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Bidding

What is Procurement in Construction: A Comprehensive Guide to Essential Processes and Strategies

Construction procurement: acquiring materials and services for project success within budget and schedule through optimized methods

documents
Project Planning

Bill Of Quantity (BOQ) For Construction: How To Build One

BOQ in construction details materials, labor, costs, and quantities for accurate cost estimation and effective project management, essential for project success.

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Project Planning

What is Bid Tabulation? How It Can Make or Break Your Next Big Project

Learn about bid tabulation in construction: its purpose, components, benefits, and how it ensures fair and transparent contractor selection for project success.

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Bidding

Construction Bidding Process Explained: Your 2024 Guide

Explore the balance between competitive bidding and profitability in construction, the impact of bid prices, and strategies for winning bids in a challenging market

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Bid Board

Bidding report cards

The article discusses a framework for subcontractors to evaluate bidding strategies, focusing on metrics beyond win-ratio and revenue, and advises on how to use these insights for growth.

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Contract Management

Negotiated Bids Construction: Mastering These Winning Contracts

Explore key insights on construction bidding: distinguishing negotiated and competitive bids, their pros and cons, and strategies for mastering each to boost profitability

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Technology & Tools

FREE Bid-Leveling Template To Crush Bid Day

Free bid leveling template for construction: ensures seamless bidding with detailed RFP guide and bid comparison. Saves time, minimizes errors, and includes extra tabs for cost estimation and project management

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Technology & Tools

How to Read Construction Drawings & Set-up Bids for Success

Guide to reading construction drawings and strategies for winning bids, focusing on scope identification and risk mitigation.

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Bidding

Invitation To Bid vs Request for Proposal: The Differences You Should Know

ITB and RFP are methods for soliciting construction bids; ITB focuses on price for defined projects, RFP on quality and innovation for complex needs.

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Bidding

Risks in The Bidding Process: 7 Common Pitfalls (and How to Avoid Them!)

In construction, effective bidding with risk management is key for project success, addressing uncertainties in costs, supply chain, and procurement.

contract discussion
Contract Management

What is a Cost Plus Construction Contract? Uncovering the Secrets of Flexible Building Budgets

Cost plus contracts in construction cover actual costs plus fees, ideal for uncertain projects. They offer flexibility and quality focus but risk higher costs and lack of cost control. Best managed with clear documentation, communication, and cost caps.

estimating services
Project Planning

Commercial Construction Estimating Services: What They Are And How They Work

Commercial construction estimating services provide detailed cost evaluations for proposed construction projects. Experts analyze blueprints, materials, labor, timeline, and other factors to predict total expenses.

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Bidding

How to Bid Construction Jobs: 8 Tips To Boost Your Success Rate

Bidding and winning new jobs is how construction firms stay in business. But putting together sharp, competitive bids takes strategy and know-how.

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Bidding

Bid Submission: How To Master It To Win More Contracts

Learn bid submission strategies to win contracts by showcasing qualifications and understanding project requirements

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Bidding

What is a Bid Bond in Construction: A Comprehensive Guide to Contractors

Guide on bid bonds: essential for contractors and owners to ensure contract fulfillment and project security

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Bidding

Low-Bid Procurement: What It Is And The Entire Process

Low-bid procurement focuses on cost-saving by choosing the lowest bid, ensuring transparency but may risk quality and innovation.

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Bid Board

Introducing the new and improved List View

BasisBoard's improved List View offers efficient bid invite management with features like inline editing, bulk updates, and project filtering.

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Bidding

Bid Preparation in Construction: Discover How to Create Winning Bids

Win more bids with focused strategy: precise preparation, understand project needs, and accurate estimates, not just volume bidding.

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Bid Board

RTG Contractors cuts 3 hours of data-entry with Basis

RTG Contractors reduced daily data entry by 3 hours using our bid board, streamlining bid management and improving focus on important tasks.

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Project Planning

Subcontractor Prequalification Questionnaire For Comprehensive Evaluation

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Bid Board

4 non-obvious ways to improve your bid board

The article provides four innovative strategies to enhance bid board efficiency, focusing on tracking essential information, reducing manual data entry with online tools, and centralizing email inboxes.

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Bidding

Free Construction Bid Tracking Spreadsheet (+ An Easier Way To Manage Bids)

Try our bid tracking spreadsheet. Downtobid's tool simplifies bid tracking for construction, using AI to manage bids, avoid manual entry, and streamline preconstruction. Try it now!

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Cost Analysis

Construction Cost Estimating Checklist - Guide for Accurate Budgeting

Unlock the secrets to precise construction cost estimating with our in-depth checklist. Essential for professionals seeking accurate budgeting in projects.

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Contract Management

Design-Build Construction Process: The 5 Stages Explained

Design-build in construction streamlines the process by combining design and construction in one contract, promoting teamwork, efficiency, and cost-effectiveness.

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Technology & Tools

SmartBid vs Downtobid: The Best in Construction Bidding Software

Choosing construction bidding software? Compare Downtobid, Smartbid, and Bid Genie

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Project Planning

How To Run Preconstruction Meeting: The Ultimate Guide

Pre-construction meetings align stakeholders, identify risks, streamline coordination, prevent conflicts, and save costs for successful projects.

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Bid Board

How subcontractors can use data to improve hit-ratio

This article discusses how subcontractors can improve their hit-ratio using data. It highlights the significant impact of small increases in hit-ratio on profits and overhead costs.

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Bid Board

Negwer Door Systems eliminates messy spreadsheets for tracking bids

Negwer Door Systems revolutionizes bid tracking by replacing inefficient spreadsheets with a streamlined, data-driven approach, enhancing accuracy and productivity in bid management

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Technology & Tools

ProCore vs Buildertrend vs Downtobid: A Comparison for Construction Management Tools

Evaluating Downtobid, Buildertrend, & Procore for construction management, highlighting unique features, strengths & pricing to find the best fit.

Software
Bidding

Best Software for Construction Drawings: Top 9

2024's top 9 construction drawing software: Innovative, efficient CAD and BIM tools for professionals.

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Bidding

Bid Package Construction Breakdown - Examining Every Element

Guide to construction bid packages: what they include and how to structure bids effectively.

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Bidding

Commercial Construction Bidding: An In-Depth Guide to Processes, Procedures, and Best Practices

Construction bidding, crucial for project success, involves detailed planning, understanding requirements, and expert estimation.

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Project Planning

Request For Proposal In Construction - A Deep Dive Into RFP Strategies

A guide to construction RFPs, detailing project scope, deadlines, and objectives. It emphasizes understanding and customizing RFPs for successful bids.

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Project Planning

How To Ask A Contractor For A Bid: A Comprehensive Guide

Find out how to craft compelling bid requests to attract the right contractors, streamline the process with automation, and manage bids effectively.

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Bidding

What is Competitive Bidding? A Comprehensive Construction Guide

Learn how competitive bidding in construction gets you the best deal. This guide covers its workings, benefits, and tips for both buyers and sellers.

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Bid Board

4 tools for trade contractors to start remote work tomorrow

bid documents
Project Planning

Bid Documents for Construction Projects Explained: Essential Guide

Construction bid documents detail project specifics like design, materials, costs, and contracts for contractors to submit suitable bids

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Technology & Tools

Request For Quote Software: Streamlining The Procurement Process

RFQ software streamlines procurement, cutting down time and workload. Downtobid, an example, enhances bid preparation and evaluation, offering efficiency and centralized communication.

Downtobid homepage
Technology & Tools

Best Bid Invitation Software: Downtobid

Downtobid is an efficient construction bid management software that streamlines the procurement process using AI, creating bid invites quickly and centralizing all tasks and communications for clients and contractors.

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Bid Board

8 metrics that drive revenue growth in estimating

The article discusses eight key performance indicators (KPIs) for subcontractor estimating teams, focusing on improving business outcomes and estimating efficiency..

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Contract Management

Design Bid Build Process (DBB): All You Need to Know About the Process, Pros, Cons

Learn about the Design Bid Build process in construction: its phases, benefits, drawbacks, and when to use it for project success and cost efficiency."

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Bidding

Sealed Bid Process: A Quick Guide on What You Need to Know

Guide to the sealed bid process: create bid packages, invite bids, submit & evaluate bids, and award contracts efficiently.

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Project Planning

"Should I Tell Contractor Other Bids?" A Quick and Easy Guide

Deciding whether to disclose bids to contractors is complex, balancing ethics, fairness, and transparency. Avoid bid shopping.

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Bidding

Bid-Hit Ratio: Every Construction Company’s Drive To Success

Improving bid-hit ratios boosts construction firms' cash flow and reputation by selecting right projects and optimizing bids.

preconstruction
Project Planning

What Does Preconstruction Mean? The Secret Behind A Successful Construction Project

Pre-construction involves detailed planning, design, budgeting, and compliance checks before actual construction, ensuring project success.

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Contract Management

Best Value Procurement: Cost is Not Always King

Explore best value procurement in construction, focusing on quality and efficiency over cost to ensure top-notch project outcomes

The Beginner’s Guide to Construction Bidding

If you’ve read anything about bidding before, you’ll know there’s lots of industry jargon. But to keep things simple for now, here are a few key terms and concepts you should know.

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