advanced construction bidding practices

Advanced Bidding Practices Seminar

A one-day seminar that provides civil works contractors the knowledge and the tools needed to implement best practice and adopt advanced techniques that have proven to reduce risk, improve cost estimating accuracy, and increase bid success.

Civil works construction is all about bidding and building work. To stay in business you must consistently produce bids that accurately reflect the cost realties of the work required. To thrive, you have to be expert at bidding and adopt advanced bidding techniques that enable you to keep bid prices down while keeping profit levels up.

But what are those practices - and what tools are involved?

Discover Grantlun's Advanced Bidding Practices Seminar

"Tools are provided and demonstrated that have proven to increase bid success." click to enlarge

The Advanced Bidding Practices Seminar was created specifically for construction companies in the civil works industry, particularly those in the highway, bridge, pipeline, underground utility, and site work segments.

During the seminar, you'll be introduced to advanced techniques that will improve the effectiveness of your bidding at each stage of the bid process:

Prospect Stage - Find better bidding opportunities by using:

• Strategic prospecting techniques.
• Bid Log analysis.
• Job Log analysis.

Estimate Stage - Develop more accurate estimates by using:

• Cost mapping techniques.
• Standard cost-breakdown-structures.
• Monte Carlo risk analysis.

Bid Stage - Develop more competitive bids by using:

• Job-specific equipment rates.
• Weighted business overhead allowances.
• Discount offers.

Launch Stage - Successfully launch jobs by using:

• Standardized budgeting techniques.
• Job books.
• Internal pre-jobs.

Process Maps Speed Learning and Implementation

Process Maps are provided that clearly illustrate best practices in each Stage of the Bid Process. click to enlarge

At the seminar, you'll receive process maps for each of the 4 phases of the bid process. The process maps illustrate:

• What core tasks must be performed in each stage.
• Who should be responsible for each task.
• The order in which tasks should be performed.
• What advanced techniques and tools should be used to increase the efficiency and effectiveness of your bidding; and when in the process to use them.

With one glance at the process maps, you'll understand exactly what to do to dramatically improve your bidding during that phase. And you'll also be able to implement changes immediately - because everything your estimating team needs to know is shown right on the page.

Grantlun provides business management training & construction management seminars in subjects central to successful construction enterprise management.