8:48 PM
Lanee' Blunt
By Lanee' Blunt
Bidding is used when the contractor is being considered along with a number of other potential contractors. The lowest price to the owner or the bidder’s qualifications is sometimes what wins the bid for the contractor.
Construction Bid Software
A contractor should work with a construction bid software program when he is preparing his bid. It will help you with coming up with the best possible bid especially if you are new to the bidding process. The software can be purchased by the contractor and installed on your computer, or you can purchase the software and download it from the web.
Types of Software
Construction bid software can be very general and it can help you with the whole project. There are programs that are specifically for different types of contractors from commercial to residential.
Advantages of Bid Software
Bidding software is beneficial to the contractor because it helps to develop your bid. It develops budgets, establishes cost baselines, and keeps track of financial information on a daily basis as opposed to far less frequently as when the work was done by an employee. The budget information is stored in one location and is easily accessed.
A great way to bid on a commercial job is for a contractor to work with bid software and come up with the best possible price.
Reference:
GSA: Bidding on Federal Construction Projects
DJC; How to Build a Proposal Package for Your Company; Gerald Baron
Posted in: Business services
