Yes, BidLight does provide access to historical cost data to support more accurate budgeting and benchmarking. Here’s how it works: ✅ Historical Cost Data in BidLight: Estimate Archives: BidLight stores past estimates generated by your team or linked organization. You can reference these archived estimates to guide new budgeting efforts. Element-Level Cost Memory: If you've uploaded similar models or elements before, BidLight uses machine learning to surface past pricing patterns and unit rates relevant to those elements. Regional Benchmarks: For broader comparisons, BidLight includes access to industry-standard cost databases (like 1build, Craftsman, and soon RSMeans) that provide historical averages by trade, material, and location. Cost Evolution Tracking: If a project has multiple estimate revisions, you can track how the costs evolved over time, giving insight into budget shifts and decision impacts. Use Cases: Creating budgets for similar building types or scopes Benchmarking against previous phases or projects Answering client questions like: "What did we spend last time on HVAC systems?" Validating new bids against historical performance