Streamline Bid Management & Qualification with BuildingConnected

Tips to Win More Bids Blog

In today’s industry, firms must have a robust, streamlined bid management process to remain competitive. This process is critical not only for kickstarting projects but also for uncovering opportunities and increasing profitability. The multiple parts and dependencies behind bid management leave a lot of room for hiccups and bottlenecks, which can, in turn, affect success rates and project outcomes. It may feel like you’re ‘herding cats’ when it comes to bid management. But it doesn’t have to be that way.

For specialty contractors, a connected bid management platform for bid solicitation and management is a must-have to save time, increase quality, and improve collaboration to scale up operations and bid on multiple projects with a high success rate. 

With BuildingConnected, specialty contractors can manage, track, maintain, and evaluate projects that they’re bidding on and bidding out. With insight into ongoing operations and the status of bids, subcontractors have visibility into bidding to drive more successful outcomes.

We spoke to preconstruction and bid management experts, Sarah Emich, Director Of Preconstruction at the Houston Division at Walker Engineering, and Mary Goeckner, Estimator at McKinstry, LLC, Inc. about the benefits of using BuildingConnected to manage their bid pipelines. The benefits ranged from streamlining information sharing to greater visibility into which bids to prioritize. However, there was one common thread: shared data on a unified platform drives better decision-making around resource planning and execution.

The Benefits of Streamlined Bid Management

1. Increased visibility and information sharing with everything on one, intuitive interface

“We used to track everything in Excel, but it was an outdated and cumbersome process,” says Emich. “With information not being accurately collected, we were unable to track what bids had gone out, who was working on what bid, and what our win ratio was. The process was chaotic.”

BuildingConnected enables teams to streamline information sharing on one platform. With a centralized platform for bid management, teams can eliminate the redundancies of uploading information into disparate systems when subcontracting part of a bid to a subcontractor. By having all information on one platform, teams have increased visibility into bidding and can operate more efficiently.

“The utility in the platform enables us to synchronize data between what we’re bidding on and bidding out seamlessly,” says Goeckner. “We don’t need to copy and paste information – dates, drawings, and specs – from emails. We can go into BuildingConnected, create a project, and share information from one project to the next.” 

2. Greater flexibility in working from anywhere as information is managed automatically in real-time

With cloud-based tools, you can manage projects – regardless of location – and ensure that information is aggregated across multiple resources in real-time. 

“There are few jobs where you can move from Seattle to San Diego and then move back while still working for the same company, even when that company doesn’t necessarily have projects based out of San Diego,” says Goeckner.

With BuildingConnected, teams have the flexibility to work remotely as all bid invitations and packages are managed in a centralized environment. 

3. Understanding hit ratio, so you are chasing the most appropriate and viable opportunities

One of the biggest mistakes many specialty contractors make is bidding on every job. By reducing the number of proposals submitted, you’ll be able to improve the quality of your bids and select the best opportunities to bid with a higher probability of success.

“With BuildingConnected, we have been able to evaluate and refine our bid list by measuring which clients we’ve previously had success with,” says Emich. “This helps us to focus on where we’re going to spend our time and allows our team to cultivate deeper relationships with a more select clientele.” 

4. Better resource management & not overextending teams by knowing what they're bidding on

“When a new bid invitation comes in, the team evaluates if it’s worth pursuing – do we have enough resources, what does our current workload look like – and if we have the capacity, we add it into our workflow in BuildingConnected,” says Emich.

BuildingConnected is a one-stop-shop for teams to have visibility into what’s being bid on, so there is no overlap in projects and resources are managed efficiently. Gone are the days of the dry-erase boards to track who’s managing what bid. With BuildingConnected, teams have insight into who may be overloaded or what resources are available to manage a bid package effectively.

5. Increased time-savings, allowing teams to focus on creating competitive bids

“Time-savings are incredibly important in our industry – especially when you’re bidding on multiple projects,” says Goeckner. “With BuildingConnected, we save at least an hour on every project, which allows our team to spend time managing bid proposals with vendors to create more competitive bid packages.”
Connected Construction - Guide to Autodesk Construction Cloud

What do today’s workflows look like?

bidding and qualification workflows

For many companies, bidding and qualification processes are disjointed, particularly when it comes to evaluating subcontractor risk. Because risk managers are siloed from the estimating department, the information the estimators need (things like company data and information on safety and financials) often lives on a platform they don’t have easy access to. 

In many cases, bids are awarded then qualified, which means estimators are making decisions without complete information. This makes it difficult to analyze and manage risk.

An integrated bid management + qualification workflow

integrated bid management and qualification workflowsAutodesk Construction Cloud connects risk and project teams virtually, cutting the time to qualify on average by 33 percent. The process starts in BuildingConnected Pro, where bid managers can send invitations to bid and qualify at the same. TradeTapp steps in to help risk teams automatically identify potential risks, set internal limits, and decide on a qualification status. The results of this analysis show up in BuildingConnected so the bid manager can finish the process and make a more informed decision based on notes from the risk team. 

Here’s what that looks like for a bid manager or estimator. 

Integrated bid management + qualification in BuildingConnected Pro

buildingconnected network

First: all of this runs through a real-time, crowdsourced network that powers the entire bidding workflow. Autodesk’s one-of-a-kind builders network includes over a million construction professionals across the United States and Canada. 

When you have a project you want to start bidding out, you can sort through the thousands of subcontractor profiles in the builders network to find the right ones for your project. The list of subcontractors is curated based on the scope of work, location, and how you’ve engaged with them in the past. 

Each subcontractor profile contains their contact details, key information about the business, and their qualification details on one screen. 

Filters allow bid managers to narrow down their list by:

  • Whether or not the subcontractor is qualified
  • What their internal limits are
  • Their expiration date

If qualification status doesn’t exist, the estimating team can easily trigger a new qualification invite through BuildingConnected Pro, which will notify both the subcontractor and the risk team. Subcontractors will be able to complete their prequalification questionnaire on the same platform they use to submit proposals. 

At this point in the process the risk team steps in to assign a qualification status based on TradeTapp’s risk analysis. Now when bids are received, they are received alongside crucial risk details. At every stage of the bidding process the Tradetapp integration displays the following:

  • Qualification Status 
  • Expiration Date 
  • Project Limit / Total Limit 
  • Notes  

The Problem TradeTapp and BuildingConnected Solve Together

Risk managers have historically struggled with quickly analyzing, assessing, and communicating plans for subcontractor risk to estimating teams. This is because they’re often serving many projects at once, or their workflows are siloed from the estimating department.

Together, TradeTapp and BuildingConnected solve this problem, allowing company, financial, safety, insurance, and other subcontractor data to flow freely between platforms. We like to say, “Estimators live in BuildingConnected, and risk managers live in TradeTapp. Let the systems do the work of talking to one another.”

In TradeTapp, teams can assess risk, make decisions about qualification statuses, and communicate automatically through their company’s BuildingConnected account. In BuildingConnected, estimators can search for subcontractors and build their bid lists, knowing exactly where each of their subs stand in the qualification process.

searching tradetapp information in bidding system buildingconnected

After all, the most effective way to ensure that estimators consider risk as they bid out work is to make it a part of the systems and workflows that they operate in. Ease of discovery is key, which is why TradeTapp’s integration with BuildingConnected Pro displays qualification details in five different locations within the app. As estimators search for subcontractors, invite them to bid, review and compare bids, and ultimately award contracts, TradeTapp data remains front and center. This ensures risk stays top of mind as estimators evaluate subs, pushing them to think beyond just cost and availability.

bidding information in buildingconnected with tradetapp

How GCs Benefit from Integrated Bid Management & Qualification Workflows

With BuildingConnected Pro, GCs can:

  • Get access to the most accurate database of subcontractors
  • Quickly discover, invite, and choose the right trade partner for any project
  • Reduce project risk and mitigate unforeseen costs before breaking ground
  • Save time soliciting bids, accurately comparing and awards bids, and collaborating in real-time

With TradeTapp, GCs can:

  • Tap into the largest crowdsourced Builders Network to expand reach to quality subs
  • Compare similar subs against each other by assessing benchmark scores
  • Get automated mitigation recommendations based on company specific risks to help proactively safeguard projects from future liabilities
  • Speed up workflows and reduce wait time with an easy-to-use platform

With the BuildingConnected Pro and TradeTapp integration, GCs can:

  • Surface essential risk related data (e.g. safety, financial, and backlog data) to estimators in BuildingConnected Pro, allowing them to make more educated bidding decisions
  • Access a unified source of truth for sub data in the Builders Network
  • Bring estimating and risk teams closer together through integrated workflows powered by one platform

How Subcontractors Benefit from Bid Management & Qualification Workflows

The integration between TradeTapp and BuildingConnected makes things easier on subcontractors, too. Some of the benefits this unified experience gives subcontractors include:

  1. A single login for both systems. This provides less hassle, as subcontractors only have to remember one username and password.
  2. Increased day-to-day efficiency. Subcontractors can save precious time as they’re able to bid and qualify in the same place.
  3. Simplified path to adoption. With a unified experience, there’s no need to create two separate accounts and have two onboarding experiences for two different products.

Why Risk-Adjusted Cost Is the Future

Developing accurate cost estimates is both an art and a science. The art of cost estimating has been refined over time by preconstruction professionals with decades of invaluable experience. However, with higher stakes than ever, it is vital to ensure that construction organizations also anticipate the implicit costs of performing complex projects.

Today, by using TradeTapp and BuildingConnected to help anticipate and surface risk insights, firms can plan for the possibilities earlier on in the project lifecycle. As technology continues to improve and data becomes more readily available, a risk-adjusted cost estimating approach will help general contractors uncover an even wider breadth of risk factors, helping ensure project success time and time again.
Connected Construction - Guide to Autodesk Construction Cloud


Contributing Authors: Christina Hu, Copywriter, Autodesk Construction Solutions; Dustin DeVan, Construction Industry Strategist and Evangelist at Autodesk Construction Solutions and Co-Founder of BuildingConnected

Lauren Ginsberg

Construction Content Marketing Manager, Autodesk Construction Solutions
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We use G2Crowd to deploy digital advertising on sites supported by G2Crowd. Ads are based on both G2Crowd data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that G2Crowd has collected from you. We use the data that we provide to G2Crowd to better customize your digital advertising experience and present you with more relevant ads. G2Crowd Privacy Policy
NMPI Display
We use NMPI Display to deploy digital advertising on sites supported by NMPI Display. Ads are based on both NMPI Display data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that NMPI Display has collected from you. We use the data that we provide to NMPI Display to better customize your digital advertising experience and present you with more relevant ads. NMPI Display Privacy Policy
VK
We use VK to deploy digital advertising on sites supported by VK. Ads are based on both VK data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that VK has collected from you. We use the data that we provide to VK to better customize your digital advertising experience and present you with more relevant ads. VK Privacy Policy
Adobe Target
We use Adobe Target to test new features on our sites and customize your experience of these features. To do this, we collect behavioral data while you’re on our sites. This data may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, your IP address or device ID, your Autodesk ID, and others. You may experience a different version of our sites based on feature testing, or view personalized content based on your visitor attributes. Adobe Target Privacy Policy
Google Analytics (Advertising)
We use Google Analytics (Advertising) to deploy digital advertising on sites supported by Google Analytics (Advertising). Ads are based on both Google Analytics (Advertising) data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that Google Analytics (Advertising) has collected from you. We use the data that we provide to Google Analytics (Advertising) to better customize your digital advertising experience and present you with more relevant ads. Google Analytics (Advertising) Privacy Policy
Trendkite
We use Trendkite to deploy digital advertising on sites supported by Trendkite. Ads are based on both Trendkite data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that Trendkite has collected from you. We use the data that we provide to Trendkite to better customize your digital advertising experience and present you with more relevant ads. Trendkite Privacy Policy
Hotjar
We use Hotjar to deploy digital advertising on sites supported by Hotjar. Ads are based on both Hotjar data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that Hotjar has collected from you. We use the data that we provide to Hotjar to better customize your digital advertising experience and present you with more relevant ads. Hotjar Privacy Policy
6 Sense
We use 6 Sense to deploy digital advertising on sites supported by 6 Sense. Ads are based on both 6 Sense data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that 6 Sense has collected from you. We use the data that we provide to 6 Sense to better customize your digital advertising experience and present you with more relevant ads. 6 Sense Privacy Policy
Terminus
We use Terminus to deploy digital advertising on sites supported by Terminus. Ads are based on both Terminus data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that Terminus has collected from you. We use the data that we provide to Terminus to better customize your digital advertising experience and present you with more relevant ads. Terminus Privacy Policy
StackAdapt
We use StackAdapt to deploy digital advertising on sites supported by StackAdapt. Ads are based on both StackAdapt data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that StackAdapt has collected from you. We use the data that we provide to StackAdapt to better customize your digital advertising experience and present you with more relevant ads. StackAdapt Privacy Policy
The Trade Desk
We use The Trade Desk to deploy digital advertising on sites supported by The Trade Desk. Ads are based on both The Trade Desk data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that The Trade Desk has collected from you. We use the data that we provide to The Trade Desk to better customize your digital advertising experience and present you with more relevant ads. The Trade Desk Privacy Policy
RollWorks
We use RollWorks to deploy digital advertising on sites supported by RollWorks. Ads are based on both RollWorks data and behavioral data that we collect while you’re on our sites. The data we collect may include pages you’ve visited, trials you’ve initiated, videos you’ve played, purchases you’ve made, and your IP address or device ID. This information may be combined with data that RollWorks has collected from you. We use the data that we provide to RollWorks to better customize your digital advertising experience and present you with more relevant ads. RollWorks Privacy Policy

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