BidMatrix Is the Missing Piece To Your Estimating Puzzle

For decades now, the general construction industry has not had a tool that addresses the chaotic and complex requirements associated with “closing out” a project bid. Whether you are doing negotiated and/or hard bid projects, selecting the right mix of subcontractors and their associated bids has a direct relationship with the profitability of a project and in many cases determines whether you are even awarded the contract.

If you work for a general contractor and have purchased an estimating system anytime in the last 20 years you probably ran into this scenario: You had numerous estimating vendors demonstrate their estimating applications to you and your company. The mission of the estimating vendor was to convince you to abandon your “home grown” Excel estimating spreadsheets.

The vendors presented all the advantages of their respective estimating applications and highlighted all the shortcomings of your Excel solution. These shortcomings included things like math errors in your spreadsheet templates, the lack of adherence to standards, the lack of collaboration and the need to perilously merge multiple spreadsheets together to arrive at a single composite estimate. All these shortcomings are in fact a reality and provide good motivation to acquire a dedicated estimating solution. Unfortunately, just when you were persuaded to make the move, you most likely asked the salesperson to show you how the vendor’s estimating system could be used to “close out” the estimate, meaning decide which subcontractor bids to carry on the project. Now, the salesperson who did well to point out all the pitfalls of using Excel as your estimating solution, is put in the awkward position of having to convince you to continue to use Excel to “close out” the estimate. Why? Because the estimating tool they were representing could not support the requirements of a collaborative “bid day” solution. In other words, your question to the vendor revealed the “missing piece to the estimating puzzle”.

BidMatrix not only fully supports the complexity of the subcontractor bid selection process, but it also integrates with your existing estimating puzzle pieces. It does all this in a highly collaborative environment that supports a team of estimators all contributing to the same project at the same time in a virtual “bid room” environment.

Spend a few minutes on the Bridgetown Software website and you will see for yourself that BidMatrix is the missing piece to your estimating puzzle.