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Validate Subcontractor Bids – Construction

Job Order Contracting

It’s important to validate subcontractor bids and ensure appropriate costing. The availability of current, local market, detailed construction task data makes evaluating subcontractor bids an easy task. Simply build the subcontractor estimate using objective, verifiable local market construction cost data and compare costs.

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Construction Bid Win Percentage

Job Order Contracting

According to industry data, the average bid win percentage for a commercial contractor is 25%, meaning for every 10 bids submitted, they would win 2-3 projects. Can the commercial construction contractor Bid/Win average of 25% be significantly improved?

Bidding 147
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4 Mistakes to Avoid in Construction Bidding

Viewpoint Construction Technology

One of the biggest stumbling blocks, though, is often at the beginning of a project – during bidding – but there are key areas to avoid in order to make sure your teams stay on track. All of these expenses are important to include for your bid to be accurate. And how can you improve your estimates? By upgrading your technology.

Bidding 325
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11 Ways to Submit the Best Quality Bid

Construction Business Owner

11 Ways to Submit the Best Quality Bid. An accurate bid for construction work takes time; it’s not something that can be thrown together in 15 minutes. It takes knowledge of the client, an understanding of the plan, and much skill to estimate labor, materials and equipment costs accurately. Tue, 12/20/2022 - 09:48.

Bidding 295
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Tracking Bid-Win Rates for Commericial Construction

Job Order Contracting

Tracking Bid-Win Rates for Commercial Construction is important for any contractor. Actively tracking the bid win rate and understanding how to identify areas for improvement and strategizing need to be priority areas of focus. What is your Bid Win ratio? What is your Bid Win ratio? What is considered good?

Bidding 100
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4 Ways to Help Your Estimator Prioritize & Create More Accurate Bids

Construction Business Owner

All the time, effort and energy invested in winning a good construction contract or building a loyal customer relationship, which allows you to negotiate on a project, is wasted with an inaccurate or incomplete estimate. So, instead, you must help your estimator prioritize.

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How to Beat Your Bid-Hit Ratio

Construction Business Owner

3 areas to filter for better bidding and estimating from construction business consultant George Hedley.

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