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The construction business is a very competitive field. This is especially apparent during the submission of bids for a construction job. There is no best way to write or submit bids, but one of the most effective things to do is to come up with the most accurate cost estimate that is cost-effective without compromising quality. Some construction companies would simply look at the job and immediately spit out their estimate of the price and duration of the job. This is “guess-timation”, and companies that do this don’t succeed for very long. Coming up with accurate estimates is beneficial to your construction business. This could give you more jobs and help you establish a loyal consumer base. The first thing to do when you’re interested in a construction job is to meet with the homeowner. Talk at length with them about what they need. Ask for specifics as this could help you make a more accurate estimate. If the job is a new home, be sure to obtain plans; if not, survey and measure the area that is to be remodeled or renovated. Consult with local building companies that provide materials that you’d need for the job and ask for their prices. You’d need all this information when you’re coming up with an estimate. If you’re a big business, chances are, you have someone who keeps track of the prices of materials in your area; be sure that the prices you have are up-to-date. Traditionally, estimates are made via a lot of math. However, because of all the advances in IT, accurate estimates can be gotten through business management software that are tailor-made for construction businesses. Sage Timberline Estimating software, for example, is an interactive and easy to use application that lets you compute the best estimate using the figures you have at hand. This is helpful because most construction companies rely on software now, and using one yourself will help you compete. Good estimating software should be easy to use and produce quality estimates. Sage Timberline Estimating software uses a simple set-up that is easy to learn and very interactive, which means you don’t need an IT degree to use it effectively. Timberline also lets you use several ways to do takeoff, which is an integral part of the estimation process. When you have an estimate, present it to the homeowner and tell them that you’ll hold that price for 30 days so that they can decide whether or not to hire you at that price. For more information about construction bids through Sage Timberline Estimating software, you can visit Construction-Estimating.com or Constuction.About.com.
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