What should you do if your estimate still prices steel at last month s rate

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If your estimate prices steel at last month's rate, you're bidding blind on your biggest line item. Margin walks out the door before you win the job. BidLight
support@bidlight.com
asked 2 months agoSupport Team

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<p>If your estimate is pricing steel at last month&#39;s rate, you&#39;re bidding blind on your biggest line item and margin walks out the door before you even win the job.</p> <p>BidLight is built to stop exactly that. Pricing pulls from a live database of roughly $30,000 in cost data, cross-checked against Craftsman, 1Build, and RSMeans. That&#39;s not a static price book someone updates quarterly. It&#39;s refreshed pricing behind every material and labor number in your estimate.</p> <p>Here&#39;s what that means for you day to day:</p> <ol><li><strong>Export your Revit model</strong> and BidLight reads the geometry and metadata directly.</li><li><strong>Two AI models classify your BOQ line items</strong> at roughly 86% accuracy, so steel, concrete, and everything else gets tagged correctly.</li><li><strong>Current market pricing gets applied automatically</strong>, not whatever rate was cached weeks ago.</li><li><strong>Change the design, and the estimate updates in real time</strong>, so a steel spec swap doesn&#39;t leave you re-pricing by hand.</li><li><strong>Review the numbers before you send the bid</strong>, since you can trace where each cost came from and defend it if a client pushes back.</li></ol> <p>The real cost of stale pricing isn&#39;t just one bad line item. It&#39;s a bid you can&#39;t defend and a margin you find out about after the job starts. Real-time pricing is the whole point of estimating inside the model instead of a spreadsheet that&#39;s already out of date the moment you save it.</p>
support@bidlight.com
answered 2 months agoSupport Team

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