Construction bidding is the process of submitting a proposal (tender) to undertake, or manage the undertaking of a construction project. The process starts with a cost estimate from blueprints and material take offs.
The tender include the bill of quantities, which is the list of all materials of the project which have sufficient details to obtain a realistic cost, or rate per described item of work/material. The tender should not only show the unit cost per material/work, but should also if possible, break it down to labor, plant and material costs. This increases the chances of selection of a tender as it shows the feasibility of the project.
As can be realized, preparing these long lists of items and services to be required and provided with its corresponding rates and getting total cost of the project is a tiring work. Moreover, doing it over and over for different clients with varying requirements makes it even more monotonous job.
We understand your work, and so find the ready excel template which minimizes your efforts and makes your job efficient. This easy to use spreadsheet makes bidding quick and easy with automated functions that calculate totals including Overhead Profit Labor and Burden. Simple instructions are included so getting started is a snap. Simply add your project or scope items as you need with your own rates and the rest is done for you.
Features of these prepared templates include – automated calculations, easy user interface, time saving and neat work. You can use them repeatedly with different tenders or projects. You can also customize them according to your specific needs.
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