Are you still pricing steel at last month s rate and losing margin

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Yes. And that's one of the fastest ways a bid quietly loses money. A takeoff built on last month's steel price or last quarter's lumber isn't wrong on purpose.
support@bidlight.com
asked 2 months agoSupport Team

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0
<p>Yes, and it&#39;s one of the fastest ways a bid quietly loses money. A takeoff built on last month&#39;s steel price, or last quarter&#39;s lumber price, isn&#39;t wrong on purpose. It&#39;s just stale. Nobody manually rechecks every material line before a deadline.</p> <p>That&#39;s the core problem BidLight is built to solve. When you export your Revit model, the pricing behind every labor, equipment, and material line comes from a live database of roughly $30,000 in current rates, blended with Craftsman, 1Build, and RSMeans data. It&#39;s not a snapshot from when you built your template.</p> <p>Just as important: your estimate isn&#39;t frozen the moment you generate it. If the design changes, the number updates in real time. So if steel jumps mid-project or the design team swaps a spec, you&#39;re not chasing that update by hand across a spreadsheet.</p> <p>Here&#39;s what that looks like in practice:</p> <ol><li>Export your Revit model into BidLight.</li><li>Two AI models read the geometry and metadata to classify BOQ line items, at about 86% accuracy.</li><li>Current pricing gets pulled in automatically against those classified items.</li><li>You get labor, equipment, material, and time costs in minutes.</li><li>When the model changes, the estimate recalculates instead of going stale.</li></ol> <p>The win isn&#39;t just speed. It&#39;s confidence. A number backed by current pricing is a number you can defend when a client or GC pushes back on your bid.</p>
support@bidlight.com
answered 2 months agoSupport Team

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