Delving your hands in a bid for a public project? Does it deal with educational, healthcare, housing, water management, forces or something else in the public sector category? Keep reading to find out how we’re your one-stop solution to accurate bids and ultimately, winning over projects!
Public Project Bidding
As a cost estimator or a general contractor, knowing the difference between public projects’ and private projects’ bidding is vital before bidding on either.
Public projects’ bidding is more competitive than that of private sector projects. According to law, much of state, federal, municipal, county, or school projects need competitive bidding. This method has been set in place to ensure lowest estimated price is the one that the project is ultimately built on, since it’s the public’s money that is going to be spent. As such, the public agencies—governmental, in most cases—need to see you, as a bidder, are going to handle the finances responsibly.
And we know, as expert bidders, that’s often easier said than done. For there’s a lot of ifs and then involved in the process, too.
Unlike private bidding projects, it’s important to keep in mind how a public project might have differing bidding requirements. For instance, it might require you to be a pre-qualified bidder or general contractor to bid. At this point, your bid might seem like a private one, or a bid in a private sector project. However, after the initial scrutiny by public officials, your bid will follow public laws.
This is another challenge in public project bidding: you have to keep up-to-date with local, public laws and regulations to bid accurately and win
Challenges in Cost Estimating for Public Projects
We all know the bidding part before beginning any public project can be really daunting; the first step is the hardest, after all. For instance, the project’s engineer may later require the cost estimation reduced by 20% through modifying designs. How will you, as a cost estimator, quantify each design parameter into your cost estimation value to meet the requirement?
Similarly, since public project cost estimates must be met on time, a lot of important factors like data collection, validation, quality and consistency might get affected if not estimated properly on in a hassle.
As if that’s not enough of a headache, you’ll be dealing with multiple organizations that act as data sources, to collect data from, before finalizing your cost estimate. What if those sources take more time that you have to provide you the data? What if they’re unavailable, or can’t validate the data for you to begin with?
All such factors—nothing less of a nightmare for a cost estimator—might and in most cases, definitely affect the accuracy and speed of your cost estimation.
That is where we, Bidding Enterprise, fit in! We primarily offer quantity takeoffs and cost estimation services by accounting for labor and material costs, and combining that with productivities and crew compositions to reach a final value.
Keep reading to find out how we are a one-stop solution to all your bidding needs, and how you can win with our construction cost estimator services.
Bidding Enterprise – A One-Stop Solution to Public Project Estimation
At Bidding Enterprise,
We use industry-standard, up-to-date software including BlueBeam and Planswift, to ensure accurate results.
There is no hidden fee with our construction cost estimator services. We charge as we work! So, you will only have to account for the projects which we work on for you, or lump-sum per project.
Depending on the project size, its complexity and its own bid submission deadline, we can turn around to you with our services within 24 hours with the public project estimate.
With us, you’ll also get an executive takeoff summary, so your client knows you care for them and the project enough to save everyone time by giving them a holistic, accurate overview of the costs you’ve estimated.
Our experts will also equip you with color-coded marked plans, and 3D cut/fill grading models – all at no additional or hidden costs!
We’ll do all the research for you, such as public laws and regulations that a public sector bid has to meet before it’s finalized.
Other Key Features of Bidding Enterprise
In lieu with the above-mentioned features, we also provide you with:
An itemized list of quantities for quantity takeoffs i.e., - CY of rebar, concrete, formwork, and much more.
Quantity takeoffs that will be categorized and organized according to CSI divisions format and trades so your bid stands out!
Unit rates calculated per your project’s or client’s cost structure for the public project estimate.
Our Recent Public Project Successes
We have had much success in the past with respect to public project quantity takeoffs and cost estimations. Some of those projects included the following construction estimating and takeoffs:
WORK SAMPLES
Want to see our above words in action? Check out some of the public project estimates we’ve prepared here