Bidding Professionals provides quantity takeoffs and cost estimates to General & Sub contractors under following CSI trades:
We Work With
Trades We Cover
What Are Budget Estimate?
With 7 years of experience, Bidding Professionals guarantee accuracy in all types of budget estimate. We have the resources and expertise to produce accurate and precise quantity takeoffs within short deadlines. Once we determine the quantities, then we are ready to put our predetermined labor and material prices according to the zip code so you can present them to the stakeholders.
We can deliver the project within 24 hours in case of early submissions. We start working on the project immediately once we receive the project plans in CAD, DWG or PDF format. We never hand over the project to the client before our senior team reviews the project and makes the necessary additions and changes.
What's The Difference Between An Estimate And A Budget?
Cost Estimate and Budget Estimate are two different processes involving different procedures and both are essential for the complete construction planning process. The budget provides a complete overview of how much a project is estimated to cost including the complete project cost as well as the partial cost of each trade of the project scope. The budget should be within the available funds of the organization or stakeholders. On the other hand, cost estimates are the costs associated with the work packages within the project schedule. Cost estimates must include any assumptions made during the estimating process.
Types Of Budget Estimate
A budget estimate can be defined as a plan to spend money for a specific purpose or objective. Keeping the objectives in mind, cost budgeting estimate can be classified into following categories.
It is simply an estimate of capital and expenditures.
It is an estimate of how much an organization can spend independently.
It is an estimate of business volumes in terms of calls, emails, sales etc.
It is the return on investment and it defines the success or failure of a business model.
Identifying the risks involved in running a project. An ideal project has maximized profit with minimal risks.
It is the flow of money coming in and going out.
You Can Have A Budget Estimate Created For Any Of The Following Construction Areas:
Our Approach To Budget Estimating
Bidding Professionals LLC is a team of professionally trained project managers and cost estimators who strongly believe that an accurate estimate is essential for setting and controlling the cost of the project. Throughout the lifecycle of the project, the preliminary budget plays a vital role to reduce the losses during the construction. Budget estimating starts with a thorough overview of the design documents as well as the analysis of all the necessary steps involved in the complete construction cycle.
With the use of trustworthy platforms like RSMeans along with the diligence and experience of our construction cost estimators, we have developed an accurate cost database of materials and labor for all the major states of North America which helps us to provide the most accurate pricing as compared to our competitors.
Software We Use For Budget Estimates
Different software is used for different purposes:
Bluebeam Revu and Planswift are used for reading and marking the project plans.
RSMeans is used for cost analysis according to different states.
MS Excel is used to put the quantities and cost in and prepare the final file for the client.
Outsource Your Industrial Estimates To Us
Let Us Help You With Your Quotes & Budget Estimates!
Who is Bidding Professionals?
Bidding Professionals is a New York based Construction Estimating Firm in the business of helping contractors prepare and win more bids.
Local pricing and accuracy of on-field labor productivity are imperative to win more projects so we help our clients prepare entire bids based on the zip codes and crew sizes.
Most contractors are so busy with their on-field tasks that they don’t have enough time to do the estimating. You’re supervising jobs, dealing with the suppliers, attending meetings, and the only time to work on estimating is NIGHTS AND WEEKENDS.
It doesn’t have to be that way!
How We Can Help You Win More Projects
“I need accurate estimates”
-Every Contractor in America
We Have A Proficient Team Of Civil Engineers Capable Of Delivering 50 Projects Every Week. We Can Deliver Cost Estimates Within 2 Working Days By Engaging More Estimators On High-Priority Projects. Our Experts Guarantee 100% Factual Construction Estimating And Takeoffs. Moreover, We Use RSMeans For Location-Based Pricing To Get The Best Rates According To Zip Codes.
We optimize the pricing according to zip codes by incorporating RSMeans pricing with real-time labor productivity to maximize the contractor’s profit. We use RSMeans for local prices but we improvise the prices with a calculated factor of labor productivity. We carry out cost estimates according to the price of materials and resources in your local area.
“I have no time to estimate projects”
-Nightmare of Every Contractor
The enemy of every contractor is the lack of time. Most contractors are busy working IN the business rather than working ON the business. If that’s the case, Bidding Professionals is here to help. We’ve worked with over 500 contractors nationwide helping them finding bid opportunities and submitting bids on time.
But you might be doing it yourself, working late at night after work and probably even on the weekends compromising family time. We’ll prepare your entire bid for you so you can focus on running your business and get your nights and weekends back.
Stop missing out on bids because of time.
100% Accuracy Guaranteed
Our Proven Strategies that makes us apart from the market
We have largest client retention rate due to our remarkable bid win ratios in major trades:
- Steel = 55%
- Sitework = 72%
- Drywall = 87%
- Concrete = 45%
- Other Trades = 30%
Most of the time, subcontractors have to meet short deadlines submitting bids to the General Contractors. We, as an estimating team, try to make sure that our clients do not miss a single bid opportunity and our team of experienced estimators make it possible by:
- Working overtime
- Working on the weekends
- Engaging more estimators on a single estimating job
- All this without compromising the quality of work through detailed critical evaluation of the estimate
Our proven strategies enable us to achieve these results. Visual representation of our hierarchical project reviewal.
Budget Estimate FAQs
Budget Estimate or cost budgeting is a preliminary assessment of funds required to complete a project. These estimates are not final but provide essential information for planning purposes. In the planning phase, a few too many changes might be suggested to run the project successfully and it affects the budget estimate.
The main purpose of budget estimate is to give an idea about the expenditures on a project before it starts. It also helps in the planning of the project and in making the project cost-effective.
The main purpose of a construction cost estimator is to get the accurate cost of material, labor, and equipment according to the location of the project. The method to get the accurate cost is really simple and it depends on local rates of labor, labor productivity, and equipment rates. Getting real-time information about these aspects, the construction cost estimators integrate it with RSMeans updated database to get the best rates for the client.
In cost estimation, we calculate the cost of each corresponding line item using RSMeans. RSMeans is an online platform by which we can get the changing market prices of construction materials according to zip codes. Construction cost estimators get the prices of labor and materials along with the productivity of labor from RSMeans. The detailed construction material take-off services is performed with everything broken down to show each minor detail to the client.
We have been in the cost estimating industry for the last 8 years and we have worked with more than 30 GCs and around 100 subs. We are working as a complete estimation team for most of our clients. We handle all of their estimating and help them win more bids by preparing accurate and cost-efficient construction estimates. Along with highly optimized cost estimates, we charge a really competitive cost per estimate. It all makes us one of the best estimation companies out there.
Bidding Professionals LLC possess a team of 50 experienced cost estimators capable of handling any project of any size. We have the capacity to do 50 small or 5 large-sized projects every week so the size of the project doesn’t matter, if the client provides us enough time then we can take off any project.