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Who Should Attend Advanced Bidding Practices
Advanced Bidding Practices is designed for civil works construction companies top executives involved in construction bid development and approval; including the company's Owners, President, General Manager, Operations Manager, Estimating Manager, and/or Chief Estimator.
Process Maps are provided that clearly illustrate best practices in each Stage of the Bid Process.
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Some of the signs that indicate you're ready for Advanced Bidding Practices include:
- Leaving bid openings saying "they'll never build it for that".
- Not getting paid for extra work because the field crews didn't know it wasn't included in the bid.
- Not knowing how much you're leaving on the table by job property and by estimator.
- Not knowing that every cost in your company is being recovered with your bid prices.
- Having superintendents complain that work was left out of the budget.
- Fielding endless phone calls from accounting about where to charge invoices.
- Having to negotiate price cuts with Job Owner's solely on their terms.
- Not knowing the effect on bid success, for the last 12 months, of changing your profit margin by a specific amount.
- Being unable to refer to actual cost experience records when bidding work similar to completed work.
- Not having enough time to bid all of the jobs you want to go after for fear of making a mistake.
- Having to start from scratch building a budget each time you get a job.
- Being willing to bid almost any job to keep revenue up.
- Watching fuel price increases rob all of a job's profits.
- Not knowing for sure how much each job should contribute to your net profit.
Advanced Bidding Practices will help you address all of these issues - and much more.
To learn more, watch a preview , or discover how you will benefit by bringing Advanced Bidding Practices to your company.
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