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Overpriced Bids Estimating Issue

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(@davidjames)
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One of the most difficult aspects of bidding for construction jobs is returning with a proposal that is over budget. While contractors strive for profit, the high bid amount makes it easy for the customer to kick the tires on more competitive pricing. Overpricing is ordinarily the result of estimating quantities incorrectly, leaving out parts of the project, or guessing quantity and price rather than using information and data. To combat this issue, many professionals are utilizing expert takeoff estimating services that provide a complete outline of materials and labor costs. Expert takeoffs give contractors a means of putting together competitive bids, while at the same time allowing them to maintain a healthy margin of profit. By eliminating unknowns with accurate takeoffs, contractors will know they are including all of the cost components, which ensures their bids are a true reflection of the project scope. That’s why specialized solutions like roofing estimating servicesΒ are also gaining importance, as they help ensure roofing-related costs are precisely accounted for in every proposal.


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