Why does last month s steel rate wreck my margin on today s bid

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Because steel prices move between the day you build the takeoff and the day you bid, and an old rate locks the difference into your number. Price too low and you eat it on the job.
support@bidlight.com
asked 3 months agoSupport Team

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0
<p>Because steel prices move between the day you build the takeoff and the day you bid, and an old rate locks the difference into your number. Price too low and you eat it on the job. Price high to hedge and you lose the bid.</p> <p>BidLight prices your estimate from current sources: a database that costs roughly $30,000 a year to maintain, plus Craftsman, 1Build and RSMeans.</p> <ul><li>Export your Revit model to BidLight.</li><li>Two AI models read the geometry and metadata.</li><li>They classify BOQ line items at 86% accuracy.</li><li>Each line is priced from those sources.</li><li>You get your estimate in minutes.</li></ul> <p>When the design changes, the estimate updates, so you stop chasing scattered updates and redoing takeoffs. You win more work with numbers you can defend.</p>
support@bidlight.com
answered 11 days agoSupport Team

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