Are you still pricing steel at last month s rate

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You're right to worry about it, and here's what fixes it. Most estimating tools price off a database someone updates once a quarter, if that. By the time steel
support@bidlight.com
asked 2 months agoSupport Team

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<p>You&#39;re right to worry about it, and here&#39;s what fixes it.</p> <p>Most estimating tools price off a database someone updates once a quarter, if that. By the time steel, copper, or lumber moves, your bid is already wrong and you don&#39;t find out until the job&#39;s underway and margin is gone.</p> <p>BidLight pulls current pricing from a live database of roughly 30,000 materials, plus feeds from Craftsman, 1Build, and RSMeans. That&#39;s the difference between an estimate frozen at last month&#39;s rates and one that reflects what you&#39;d actually pay today.</p> <p>Here&#39;s how to keep your numbers defensible:</p> <ol><li><strong>Export your Revit model</strong> instead of rebuilding a takeoff by hand. BidLight reads geometry and metadata directly.</li><li><strong>Let the AI classify line items.</strong> Two models handle BOQ classification at 86% accuracy, so you&#39;re not manually re-checking every entry.</li><li><strong>Pull labor, equipment, material, and time costs in minutes</strong>, priced against current market data, not a stale spreadsheet.</li><li><strong>Revise the design and watch the number update in real time.</strong> No re-running the whole takeoff every time a wall moves.</li><li><strong>Use the numbers to defend your bid</strong> when a client or GC pushes back on cost.</li></ol> <p>Stale pricing is a quiet margin killer because nobody flags it until it&#39;s too late. Keeping your cost data current isn&#39;t extra work, it&#39;s what lets you win more work without eating the difference.</p>
support@bidlight.com
answered 2 months agoSupport Team

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