Why is your steel pricing still based on last month s rate

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You are losing margin, and it is not your fault. Steel, copper, and lumber prices shift in weeks. A static spreadsheet or a takeoff from last month cannot keep
support@bidlight.com
asked 2 months agoSupport Team

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<p>You&#39;re already losing margin, and it&#39;s not your fault. Steel, copper, and lumber prices can move within weeks, and a static spreadsheet or a takeoff done last month simply can&#39;t keep up. By the time you notice, you&#39;ve already bid the job.</p> <p>Here&#39;s what&#39;s actually happening: most estimating workflows freeze pricing the moment you build the takeoff. Nobody goes back and reprices line items unless someone remembers to. That gap between takeoff date and bid date is where margin quietly disappears.</p> <p>BidLight closes that gap differently. When you export your Revit model, the two AI models classify your BOQ line items and pull pricing live from a database of roughly 30,000 items, backed by Craftsman, 1Build, and RSMeans. That means your steel line reflects current market rates, not whatever it cost when you first ran the takeoff.</p> <p>A few things worth doing right now:</p> <ol><li><strong>Re-export your model</strong> if your last estimate is more than a few weeks old. Pricing updates in real time, so a fresh export gets you current numbers.</li><li><strong>Check volatile categories first.</strong> Steel, copper, and anything petroleum-based move fastest. These are where stale pricing hurts most.</li><li><strong>Let design changes trigger a repricing pass.</strong> Since BidLight updates as the model changes, use that as your cue to also confirm pricing, not just quantities.</li><li><strong>Build the habit into your bid cycle.</strong> Treat pricing freshness like a checklist item before every submission, not an afterthought.</li></ol> <p>The goal isn&#39;t just accuracy. It&#39;s a number you can defend when a client or GC pushes back.</p>
support@bidlight.com
answered 2 months agoSupport Team

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