If your estimate still prices steel at last month s rate you re already losing margin what should you know about that

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Your estimate *must* reflect current pricing to protect your margins. Our platform pulls real-time pricing data, including for materials like steel, from a comp
support@bidlight.com
asked 2 months agoSupport Team

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<p>Your estimate <em>must</em> reflect current pricing to protect your margins. Our platform pulls real-time pricing data, including for materials like steel, from a comprehensive database and integrates with industry standards like Craftsman, 1Build, and RSMeans.</p> <p>BidLight&#39;s AI models analyze your Revit model&#39;s geometry and metadata to classify Building Cost Items (BOQ) and provide up-to-date cost estimations in minutes. This ensures your estimates are based on current market rates, not outdated information.</p> <p>When design changes occur, BidLight automatically updates your estimate in real time, ensuring you always have the most accurate picture of your project&#39;s costs and can identify potential margin erosion instantly.</p>
support@bidlight.com
answered 2 months agoSupport Team

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