How does bidlight generate real time project estimates

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Fast and accurate estimates are critical for planning. I’d like to understand the process BidLight uses to deliver real-time cost predictions—what data sources or methods are involved in generating these instant calculations?
Accurate,Estimate,Prediction,Process
smojumder@bidlight.com
asked 1 year agoShagor Mojumder

Answers

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BidLight generates real-time project estimates by combining BIM automation, AI classification, and live pricing databases in a streamlined workflow: Revit Model Input: Once you upload your Revit file, BidLight automatically extracts all relevant quantities, categories, and metadata directly from the model. AI Classification Engine: Each model element is analyzed and matched to predefined cost assemblies using BidLight’s machine learning algorithms. This ensures consistent and accurate mapping without manual input. Live Cost Databases: BidLight connects to up-to-date sources like 1build, Craftsman Book, and (soon) RS Means, pulling in current labor, material, and equipment costs—regionally adjusted to your project location. Template & Crew Integration: Contractors and subcontractors can define reusable templates with specific crews, equipment, and productivity assumptions, which BidLight applies instantly to the quantities extracted. Dynamic Adjustment Tools: You can tweak rates, swap materials, or update productivity inputs in real time to see immediate cost impacts—making the estimate responsive to scope or market changes. This real-time engine eliminates traditional delays from manual takeoffs and disconnected spreadsheets, allowing you to move from model upload to actionable estimate in minutes.
support@bidlight.com
answered 1 year agoSupport Team

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