Job out bid

Of the details in your project bid. Not only does it help protect you legally, but bid forms also help you establish and compare the best bid for your project.Related: The Ultimate Guide to Risk Mitigation.2. Utilize Job Awarded FeaturesWhen sending out thousands of bid invitations, it’s easy to select the awarded bid and close out the rest. Though, to stay ahead of your competition and positively impact future subcontractor bidders, easily communicating the bid status helps ensure you have the opportunity to create lasting impressions with additional subcontractors.Related: 6 Reasons Why Contractors Value a Virtual Bidding Process.3. Communicate Actual ResultsLetting the subcontractors know why they didn’t win the bid, and thanking them for the time to provide a bid, will ensure that subcontractors will bid competitively on your future projects. When sending out thousands of bid invitations, it’s easy to select the awarded bid and close out the rest. Though, to stay ahead of your competition and positively impact future subcontractor bidders, easily communicating the bid status helps ensure you have the opportunity to create lasting impressions with additional subcontractors.Related: When Project Management Software Isn’t Project Management Software.4. Expand Your Private ListExpanding your list of qualified subcontractors can help you get better bid responses. By sending ITB requests to subcontractors on your private list, you know exactly who you’re inviting and the rough likelihood of their response. To expand your list, keep track of responsive subcontractors after sending each ITB. Build a process to record and store the contact info of responsive subcontractors after sending out invitation requests. Don’t send out ITBs blindly. Expand your private list of responsive subcontractors to get better responses.Related: How to Leverage Building Permit Data.Pantera Can Help with Your Invitation to Bid ProcessIn addition to your private contact list, having the ability to access additional, qualified subcontractors can help you expand your reach, and find the right fit for your projects.While bid invitations can seem like a daunting task, investing in the right construction software will help you save time, keep lasting relationships, and remain competitive. Start getting better bid responses with Pantera.Schedule a free demo today to see how Pantera can help you!Read similar posts on our blog page.

9 Min Read Last Updated: November 29, 2024 Published On: September 3, 2024 Drywall contractors often struggle to make a bid that pays off. This could be possibly due to poorly written estimates. No matter how well you understand the factors involved in the project, failing to provide a clear picture will only result in shaking heads from prospective clients.Such things can be avoided if you know how to price drywall jobs correctly. Either you can use automation tools or outsmart your competitors in convincing clients.Remember your potential clients would be receiving multiple drywall bids that could impact your chances of approval. Therefore, you must prepare a polished and professional-looking estimate to submit a bid and lock the deal as early as possible.Here are best practices to understand how to estimate drywall jobs and secure another drywall project. How to Price a Drywall JobHow to Calculate Drywall CostsHow to Determine Competitive Rates/Pricing for Drywall JobsHow to Create a Professional Drywall EstimateConclusionFrequently Asked Questions How to Price a Drywall JobHow to Calculate Drywall CostsHow to Determine Competitive Rates/Pricing for Drywall JobsHow to Create a Professional Drywall EstimateConclusionFrequently Asked QuestionsHere are a few things to consider when submitting a bid for a drywall job to your clients. Follow these steps to price a drywall job correctly and confirm the deal.1. Visit a Site & Record the MeasurementsFor preparing a fresh bid, it is necessary to visit a job site and perform quantity take-off to list out the materials and supplies required for the drywall project. This will help you find the scope of work and the time required to get the job done.Once you assess the job site, you will get an idea if the structure needs to be changed completely or requires renovation. Moreover, when you are present at the site, you can measure the length of drywall, which needs to be replaced or installed.Before you leave the client’s residence, you must understand the materials and equipment required to carry out the drywall installation.2. Identify Type of Drywall WorkNext, decide on which type of drywall i.e. standard, soundproof, or fire resistant drywall work you need to perform. Remember depending on the type of drywall, project cost may also vary. Suppose your client wants to install a standard drywall (¼”), then it will cost around $0.30/sq ft.Whereas, if you go for fire-resistant drywall or soundproof drywall, prices may go up to $0.45 and $0.95/sq ft respectively. So, at this stage figure out which one is preferable by your clients before you add markup to the overall cost.3. Reach Out to SuppliersNow that you know how much materials and supplies are required to complete the drywall job, contact your local suppliers to get

Given the current state of the construction market, it's not uncommon to hear electrical contractors say, “There are absolutely no jobs out there to bid on!” Although it may be true that construction activity has slowed to a crawl over the last few years, there have always been — and will continue to be — electrical construction jobs out to bid. But where do you find them in this climate? And, more importantly, what do you do once you find them?Electrical contractors can find new construction leads through a variety of sources. Federal, state, and local authorities are required by law to post their jobs for an extended period of time in local newspapers and/or in industry publications. General contractors (GCs) also post jobs on their own Web sites. In recent years, however, public announcements in print have given way to online posts on industry-related Web sites. If you're not familiar with these types of Internet sites and bid lead services, you need to get with the times — and fast.Where are the leads?Construction leads are always published somewhere. Thanks to the Internet, it's much easier and cost-effective to find them. For example, a quick Google search for “construction bid leads services” should introduce you to services you might not have been aware of. However, here's a word of caution: If you're not familiar with a particular service, ask for a “trial” before you buy. In addition, ask for references of other clients you can call to see if the service is working well for them. Although this may be obvious, make sure the construction bid lead service actually lists jobs that pertain to electrical divisions 16 or 26.Watch the coverage areaThere are a few things you should know before starting your search for construction bid leads in your area. Construction bid boards can promote national, regional, or state jobs. Typically, the more comprehensive the “draw” area of the board, the more expensive the subscription. Therefore, if you mainly work in the state of Connecticut, for instance, you'll want to subscribe to a service that includes only Connecticut job leads. Why pay for something you won't use? On the other hand, if you work in multiple states, you'll want to seek out job lead bid boards that have a more extensive coverage area.Understand the fee structureConstruction bid lead services charge you a subscription fee, which is typically based on an annual rate. Some companies require payment for the entire year at the beginning of your subscription, while others may charge you a monthly fee. Inquire about a “trial subscription,” if you are unsure about the benefits of a particular lead service.Popular sitesPerhaps the most recognized online bid board in the

Find you. Secondly, if you advertise in this book, you will also be provided with job leads in the area in which you advertise via its bid board called BB Bid. Even if you're not interested in placing advertising in this book, you can at least sign up for a free listing.Don't forget the governmentIf you're a small, minority-owned, woman-owned, or veteran-owned business, don't forget to check out opportunities available to you via the government. Many projects have portions of work that are “set aside” for disadvantaged businesses. Check out state and national government procurement Web sites or www.setasidealert.com.The last wordWhatever path you choose to ultimately find your construction project leads, remember to follow up after you submit your bid. The squeaky wheel always gets the grease. Don't let the company you have submitted your bid to just toss you in the pile of “maybes.” Until the project is awarded, you will continue to have an opportunity to sell your company and its strengths. Remember, it always pays to pursue every avenue of work.Candels is president of Candels Consulting, an electrical estimating consulting firm in Niantic, Conn. She can be reached at [email protected]. Sidebar: Getting OnboardFollowing is a list of a few of the more popular Web-based job lead boards in the construction industry. Electrical contractors can tailor their online experience based on their wants and needs.www.thebluebook.comThe Blue Book's BB-Bid provides users with invitations to bid on private projects from general contractors, property managers, facility managers and real estate developers on a nationwide or regional basis.www.dodge.construction.comFind projects by state or type, order plans online, or read Dodge reports in print or via the Internet. Customers can customize services based on their specific needs, and Dodge offers national coverage.www.reedconstructiondata.com“Connections” is Reed's complete source for construction project news, lead management, and related resources. Coverage spans the United States and Canada.www.cdcnews.comCDC News focuses on the commercial construction industry. Its verified bid information includes verified cost estimates, quantitative project descriptions, and more about commercial construction projects up and down the East Coast and the entire state of Texas.www.bidclerk.comPrivate, public, and single family projects can be found on Bid Clerk. Developers, construction managers, and more can post their projects on BidClerk to solicit bids for their projects. Nationwide coverage plus Puerto Rico is available.www.jobs2bid.comJobs2bid offers both a bid management system, regional lead service, and plan room. General contractors can digitally post jobs and plan sets, while electrical contractors can search hundreds of leads every month in the states of Connecticut, Massachusetts, Rhode Island, New York, Maine, New Hampshire, Vermont, and Florida.www.constructionwire.comConstructionWire and Bid Notices provide more than 8,000 commercial construction reports and bidding opportunities every month across all 50 states.