Estimates must be high enough to cover all costs and low enough to win the bid. We will show you how current volume, material quotes and Bid Security determines overhead and profit mark-up.
Estimating Training & Job Bidding
We have made a science of estimating. We demonstrate how each estimating step performed checks the previous estimating step completed. The result will be a completed bill of materials with accurate quantities.
Volume Required and Volume to Bid
Volume of work required is determined by current overhead costs and profit goal. Your success rate in winning bids determines the amount of work you need to bid in order to meet your necessary volume to cover all costs and to realize a profit.
We show you how actual volume obtained versus actual volume needed plays an important role in varying overhead and profit markup that will win you more jobs with the potential to be profitable.