How Contractors Benefit From Bid Management Software

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How Contractors Benefit From Bid Management Software


Introduction Being a general contractor can be difficult, to say the least. There are many things that contractors must manage in order to complete a project successfully and have it done the way the client wants. Contractors must coordinate between a lot of different people doing work at the same time and this can be an immense, time-consuming management process. While most contractors rely on the more traditional methods of management, many are turning towards technology to enhance their businesses and streamline their entire workflow. One such tool at their disposal is bid management software, which aids in the dreaded construction bidding process that can eat up valuable time for contracting companies both large and small. Bid management software allows contractors to automate many aspects of the bidding process, which allows them to focus their attention on working on projects for their clients rather than finding subcontractors and coordinating preconstruction communication.


Streamline and Automate the Bid Process General contractors (GCs) get a major benefit from bid management software in that they allow for the automation of things that were previously done manually. This is work that GCs no longer have to do themselves and will save amble time and resources. With this software, project managers can simply enter basic project information that the platform can then modify into an official bid and then share it with all relevant subcontractors at the same time so work does not have to be replicated.


Prequalify Subcontractors

The most important part of using bid management software is the ability to prequalify subcontractors. With the software, GCs can set their own filters and get the perfect subcontractor for every project based on required skills, expected costs, and ability to meet deadlines. This prequalification removes subcontractors that may not be right for the project’s specific needs and to leads to better performance all around for everyone involved.


Ensure Bid Coverage The software also allows GCs to easily track bids and to see who is bidding what. This means managers can see if subcontractors are bidding on jobs, and adjust accordingly should there be any lack of interest. Additionally, the software allows GCs to identify correct subcontractors based on their bids and allows for easy initial communication. The software provides everything a manager needs at their fingertips so there is never a need to worry about bids not being accepted by the right groups or coordinating things with proper candidates. With bid management software both subcontractors and contractors benefit from quick and easy processes.


Improve Communications Aside from initial communications, bid management software allows GCs to improve the overall communication with subcontractors throughout the entire bid process since everything is coordinated from one intuitive interface. GCs can monitor and track bid progress, work to resolve issues with bids or subcontractor questions and control overall workflow without any communication breakdowns. With bid management software, GCs can make more informed decisions about who to hire and what the right decision for the project is which means the project is more likely to be successful, clients will be happy with the results, and more business is sure to come the GCs way.


Stay Organized Having everything easily organized in one easy to understand software means GCs will become more productive. Maintaining organization is a central feature of these types of programs and they provide everything needed for project managers to succeed. No matter what has to be done, all project information and bids are easily accessible from one single location meaning that details are never “lost in the paperwork�. With improved organization, contractors can expect higher quality output from their subcontractors who will have all pertinent information readily available in a streamlined bidding process.


Bid Like a Winner When it comes to software, there are many options GCs can choose from. They could go with an off-the-shelf product, however, these may not meet their specific needs or integrate with their other business management software already being used. This is why many GCs are turning to customized software that is either built or modified to their specific needs. Construction bidding software services aren't usually common, so it is important to find a company that has expertise in the field and understands the intricacies and needs of the industry. Companies, like Chetu, have years of experience in developing customized software for the construction bidding process and can deliver the technological solutions that meet contractors' particular needs.


Our Detail Chetu Inc Address: 10167 West Sunrise Blvd, Suite 200, Plantation, FL 33322 Voice : (954) 342-5676, Fax : (305) 832-5987 Email : sales@chetu.com Website : https://www.chetu.com/aec/bid-management.php


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