What gives our estimates 86 accuracy a 30 000 pricing database

1
The pricing database is a big piece, but not the whole story. That $30,000 database gives BidLive current numbers from Craftsman, 1Build, and RSMeans, not one
support@bidlight.com
asked 2 months agoSupport Team

Answers

0
<p>The database is a big part of it, but not the whole story.</p> <p>That $30,000 pricing database gives BidLight current numbers to draw from, pulling from Craftsman, 1Build, and RSMeans instead of one stale price book. That&#39;s what keeps a number from feeling like a guess.</p> <p>But a good price is useless if it&#39;s attached to the wrong line item. That&#39;s where the two AI models come in. They read your Revit geometry and metadata directly, so they&#39;re classifying BOQ line items based on what&#39;s actually in the model, not a rough takeoff. That combination is what gets you to 86% accuracy: real geometry matched to real, current pricing.</p> <p>The third piece is timing. Because BidLight lives inside Revit and reads the model directly, your estimate updates in real time when the design changes. You&#39;re not re-running a takeoff every time a wall moves. You&#39;re just watching the number stay honest.</p> <p>So it&#39;s really three things working together:</p> <ul><li><strong>Accurate classification</strong> from AI reading actual geometry, not assumptions</li><li><strong>Current pricing</strong> from a database built on real market sources</li><li><strong>Live updates</strong> so the estimate never goes stale between revisions</li></ul> <p>Drop the database out and you&#39;ve got a smart model with no grounding. Drop the AI out and you&#39;ve got good prices attached to guesswork. It&#39;s the pairing that makes the number defensible enough to hand to a client.</p>
support@bidlight.com
answered 2 months agoSupport Team

Your answer

Browse other questions tagged  or  ask your own question.