Are your steel rates still based on last month s market

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A stale takeoff looks fine. But it eats your margin. Material costs move. Labor rates move. Your spreadsheet doesn't know. You bid a number that felt safe when
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asked 2 months agoSupport Team

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<p>You&#39;re right, and it&#39;s the quiet margin killer on most bids.</p> <p>A takeoff built on last month&#39;s steel price isn&#39;t wrong on purpose. It&#39;s just stale by the time you submit. Material costs move, labor rates move, and a manual spreadsheet has no way to know that. So you carry a number that felt safe when you built it and eats your margin by the time the job starts.</p> <p>Here&#39;s how BidLight closes that gap:</p> <ol><li><strong>Export your Revit model.</strong> BidLight reads the geometry and metadata directly, no separate takeoff pass.</li><li><strong>Two AI models classify every BOQ line item</strong>, at around 86% accuracy, so steel, concrete, MEP, and finishes get sorted correctly without you eyeballing it.</li><li><strong>Pricing pulls live</strong> from a database of roughly $30,000 in cost data, plus Craftsman, 1Build, and RSMeans, so you&#39;re pricing against current rates, not last quarter&#39;s memory.</li><li><strong>Change the design, watch the number move.</strong> If a change order swaps a beam size or adds square footage, your estimate updates in real time instead of waiting for a re-run.</li><li><strong>Defend the number.</strong> Because the pricing sources are current and documented, you can show a client exactly why the bid is what it is.</li></ol> <p>The real cost of a stale rate isn&#39;t just one line item. It&#39;s the estimate you signed off on being wrong before the ink dries. Keeping pricing current is what turns an estimate into something you can actually stand behind, and bill for.</p>
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answered 2 months agoSupport Team

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