Performing accurate cost estimates is important to win high-ticket projects in the construction industry. On the other hand, having relevant subcontractor bids as options is important to reduce contract management risks.
To achieve success both as a bidder and client, using construction bidding software helps streamline the time-consuming bidding process and submissions for construction projects.
In this guide, we feature the 8 best construction bidding software in 2023. We cover its top features, pros, cons, and share genuine customer reviews to help you make an informed choice.
To win projects, construction companies have to participate in a bidding process described by the client. Here, the client will share bid invitations where they define the bidding rules and share project documents for construction businesses to submit competitive bid proposals.
For example, residential builders may open a bid for their roofing work. They will open bid invitations for roofing or construction firms to fulfill the necessary requirement. Depending on how close the submitted bids are to their needs, they will choose the winner of the contract.
Streamline vendor selection: by adopting a bidding process, construction companies put efforts into designing a fair and transparent vendor selection process.
Vendor evaluation: bidding helps create a level playing field for interested vendors to showcase their expertise, experience, and capabilities in meeting project demands.
Competitive pricing: more options to choose from submitted bids means better pricing options for construction professionals.
More options: with multiple bid submissions, you get to understand various approaches vendors take to manage projects.
Risk mitigation: bidding helps in risk mitigation as you're not restricted to a single vendor with their project management style or profitability ambitions.
Overall, construction bidding helps gain market visibility for clients, while for vendors, it means a fair chance in acquiring new construction projects.
Construction bidding is a frequently recurring workflow as business developers in construction businesses work hard to win projects. These bidding workflows have very demanding submission timelines. It can get difficult to keep up with managing bids across document management, estimating costs, bid tracking, etc.
Construction bidding software is an all-in-one solution that helps users organize, automate, and manage bids.
"Construction bid management software lowers costs, improves efficiency and enhances estimates with tools to streamline and automate the proposal process."
There are 3 major types of construction bid management software depending on which aspect of bidding you want to manage:
Construction estimating software provides access to relevant databases and templates for cost estimating of projects. It also helps optimize costs so that you prepare and submit a competitive bid. It is important to have good construction estimating software since many construction projects place good importance on final costs submitted by participating vendors.
This software focuses on integrating various bid management workflows with customer relationship management software and other tools. This helps various accounting, project management, or CRM tools to communicate information for streamlined bidding.
This helps store proposal documents and ensures it is kept secure from any unwanted access. It also enables quick retrieval of documents as required. A good construction software will include a powerful search feature for finding relevant information.
A good bid management software will provide the above 3 major types in a single software. For larger construction businesses, it may make sense to adopt separate software and use integration tools to pass or retrieve data.
Bid management helps automate multiple workflows across cost estimation, communication, documentation, etc. It includes a set of features that help improve efficiency by automating manual tasks across the following:
Bid tracking: helps track how the proposal is shaping the entire bidding process. For example, it will help you track bid deadlines so that construction professionals can ensure timely submissions.
Access control: it helps protect any sensitive information that your bid contains. For example, a project manager can ensure only authorised construction teams can edit or trusted subject matter experts can review documents.
Construction estimating: helps use past project data and material or labour databases to prepare accurate cost estimates. A good bid management tool also helps with forecasting and construction accounting as a feature. Ensure you have comprehensive estimating software to avoid using other dedicated apps.
Subcontractor management: during the cost estimating process, you may have to connect with your suppliers to get quotes. The software will help you track, save their responses for quick usage, and approve subcontractor payment applications when you win the project.
Lead management: construction firms participate in multiple bids to acquire desired projects. Construction bidding software helps with contact management, customer relationship management, and handling construction contractors' support requests.
Not every construction management software will include every feature mentioned. Construction companies must carefully evaluate their construction bidding workflows and prioritise features accordingly.
A good construction bidding software will help you manage below aspects of construction bidding:
An important criterion in bid selection is project costs. Hence, construction firms take special efforts to ensure they prepare accurate estimates. Construction bidding software helps with cost estimating across labour, materials, vendors, equipment, etc. Good software will include a database of prices updated as per the market, which makes it easy and quick to calculate estimates.
Document management is important to prepare bids quickly as some projects may be similar in specifications. Also, many clients define formats in which one has to submit the bids. A construction project management software includes features that help prepare, edit, save, and share project documents with relevant parties.
Organizing and having accurate estimates from suppliers is key in preparing robust and winning bids. The software helps manage subcontractor data, and external parties and collaborate with them to prepare competitive bids.
A construction project management software will help you manage drawings, prepare new diagrams or determine measurements from available drawings. This helps in having the right measurements for cost estimating.
Since working on bid proposals requires team collaboration, having real-time collaboration helps increase efficiency. Construction project management software helps you communicate and share information in real-time with relevant security in place. Typical features include features to collaborate within documents, real-time communication, commenting, etc.
Preparing and submitting inaccurate estimates in bid proposals hurts your cash flows and your reputation as a reliable construction management company. With bid management software, construction firms improve their chances of proposing relevant, accurate, and competitive bids.
Here are the top construction bidding software for 2023:
Archdesk is a cloud-based management platform specialised in supporting all kinds of construction processes.
The software offers tools to manage bidding, takeoff, project delivery, finance management, and much more.
Data is gathered and updated in real time, so you always know where you are with your projects.
Also, you can access the system from any device, which makes the communication site-office faster and more efficient.
With Archdesk, you can make data-driven decisions that will make your business flourish.
Capterra Rating: 4.6/5
G2 Rating: 4.3/5
There is no doubt in my mind that we wouldn't have grown as far as we have without Archdesk. Knowing my company has a solid structure and system in place, I have every confidence that our growth will continue and will be manageable.
Software like Archdesk is the lifeblood of most organizations. It is the system of record for everything. I've worked at an organization before that didn't use it and life was miserable. It just keeps everything so organised, helps us to track almost everything within the company. Sing in and out feature saved us lot of time and money tracking our employees. Like I mentioned before, everything is run out of Archdesk.
Stack's pre-construction solution helps users organize and manage bidding projects. It is designed to provide a centralized place to work on construction plans, collaborate on documents, or annotate drawings. Stack helps ensure construction professionals experience frictionless project collaboration to prepare a winning bid.
Cost estimate and takeoff
Real-time communication between field service labours and back-office teams
Centralised dashboard for bid management
Tracking bids and manage projects
Cloud-based storage
Real-time collaboration
Intuitive user interface
Online customer reviews suggest bugs in takeoff features
Short trial period with an expensive annual plan
Inadequate document-sharing features
Stack offers annual pricing depending on the features required.
Capterra Rating: 4.5/5
G2 Rating: 3.9/5
Pricing structure is little bit restrictive. We do not need most of the feature that we currently pay for, but there is no option not to pay for the whole package.
- Capterra Review
Stack is simply well-built software, from an intuitive interface to the detailed and customizable archive of items and assemblies. The trial period is short and limited, with a hefty upfront annual price tag. Accurately determining the value Stack can bring is challenging in the trial period.
- G2 Review
Clear Estimates software focuses on the use case for residential builders. It is a construction project management software that helps with residential remodeling estimates, customer relationship management, and generating reports. From general contractors to handymen, Clear Estimate is a suitable software, especially for residential construction businesses.
10,000+ parts pre-loaded database of area-specific material and labor costs
130+ templates to manage jobs
Custom boilerplate for making proposals
Create reports
Designed for residential building projects and custom home builders
Material and labour rates based on specific locations
Good user interface
Does not take care of different taxation requirements
Inadequate customisation options
Lacks adequate integrations
Clear Estimates offers both monthly and annual pricing as follows:
Capterra Rating: 4.5/5
Software Advice: 4.52/5
Easy to put together an estimate with in minutes. Reports page needs more options. You should be able to put the disclaimer, project disruption etc... any where you would like. Right now it's gets all jumbled at the top of e proposals.
What I like most about this software is being able to set up Parts & Templates which makes putting together an estimate a lot faster which means you have more time to oversee your business. The thing I least like about this software is not being able to use it for insurance work. What I mean by that is some jobs I get may be from insurance companies and the estimate might call for dehumidifiers and fans board ups stuff like that. But I can get by with it.
Procore is a web software that helps smoothly manage projects by improving team collaboration. Their estimation software focuses on streamlining communication, construction financials, and document management for preparing competitive bids. It is useful for a variety of bid management needs for specialty contractors, general contractors, building owners, construction managers, custom home builders, etc.
Automated area detection in floor plans
Historical rate tables, database and manage subcontractor data
Budgeting and financial management
Manage document revisions
Centralized platform for bid management
Real-time communication
Adequate team collaboration features set
Non-intuitive user interface
Expensive plans
The software has a learning curve and is not beginner friendly
Procore provides a custom quote that is based on the use case, business model, annual construction volume, etc.
Capterra Rating: 4.5/5
G2 Rating: 4.6/5
Procore provides a centralized platform for managing projects, allowing users to access project information, documents, and workflows from anywhere. Procore can be expensive, especially for smaller construction companies. The software is priced per user, so as the number of users grows, the cost of using Procore can quickly add up.
Expensive for CMs with a large Annual Construction Volume. Slow response to some improvement ideas. More server downtime after Procore went public (less reliable uptime), but this seems to improve recently; nothing too serious. Analytics tool is basic; not enough endpoints are exposed.
InEight bid management software enables real-time construction management to prepare competitive bids. It includes a complete suite of features across pre-construction planning, design, and project management for the entire project life cycle. They cater to various industries like energy, chemical, oil, and gas, for construction managers, general contractors, specialty contractors, etc.
Track negotiations and bid status
Construction estimating and bidding
Manage bids from concept to under contract
Contract management
Good for large or complex projects
Comprehensive construction management software with project management features
Adequate construction estimating features
Non-intuitive user interface
Inadequate team collaboration features
Too much customisation gets overwhelming and requires training
InEight bid management software provides a custom quote. You can email [email protected] to get customized pricing as per the requirements of your construction projects.
Capterra Rating: 4.4/5
G2 Rating: 4.3/5
It takes a long time to learn the program and get familiar with the actions when putting an estimate together. Because of the complexity of the system our firm was hesitant about continuing to use it shortly after I started working here. Once they saw the rewards of the work we procured they have since changed their minds. I believe smaller firms would be more apt to using the software if there was a less complex version that could be offered.
It was great for tracking budget and schedule for a large team. The upload and download icons are not intuitive-just the opposite of the standard icons for these. Also, it was expensive to implement-we had to train every single user prior to them jumping in.
Buildertrend is a cloud-based construction project management software that also includes construction bid management features. With Buildertrend's project management products, you need not opt for separate cost estimating software, construction bid management software, project scheduling, or any app for construction accounting. It focuses on enabling frictionless project collaboration till project completion, which includes pre-construction activities too.
Bid management templates
Information management
Construction accounting
Estimating and bidding
Dedicated features for lead management and follow-ups
Client portal and adequate communication features
Intuitive and easy to use
Expensive pricing
Inadequate reporting features
Limited customization options
Buildertrend provides custom pricing and quotes. You need to contact their team to get an exact quote. There is no free version available.
Capterra Rating: 4.5/5
G2 Rating: 4.2/5
The one thing I don't like about Buildertrend software is the cost. While it offers a lot of features, the price can be a bit steep for some businesses. However, the cost is worth it if you need a comprehensive project management system.
The real-time updates and scheduling features have been a game-changer for me. I no longer have to constantly check in with my team to see what's happening with the project. While the platform is user-friendly, there is a learning curve to getting used to all the features and functions. This may take some time and require training for new users. Some users may find that the customization options are limited and that the platform doesn't fully meet all their specific needs.
SmartBid focuses on providing bid management software for general contractors. This web software streamlines the pre-construction project management process across project data management, construction estimating, contract management, etc. It also promises 24/7 customer support and guarantee project data security.
Central location to send bid invitations
Project document management
Construction estimating and bidding
Manage subcontractor data
Dedicated features for pre-construction activities
Data room feature to manage project data and documents
The brand focuses on serving general contractors
Inadequate calendar and scheduling features
Inadequate training material for new users
Clunky user interface
Nothing beyond the bidding process - no complete construction software features
SmartBid provides an annual license, whose total pricing depends on the number of users. They do not charge for subcontractor bids. For an exact quote, you need to fill out the 'Request Demo' form and connect with their sales team.
Capterra Rating: 4.4/5
G2 Rating: 4.4/5
The setup and layout is very nice. The project information page is not over crowded with information, making it difficult to find what you need. There are many times when a GC will take bids even after the due date. SmartBid does not allow for downloading of material after bid date.
The user interface needs to be updated. It is very difficult to understand how to send out even basic invitations to bid without the assistance of someone that has used the program for several months.
Contractor Foreman is a complete construction management software that includes bid management features. You can analyze bids side-by-side for choosing the best solutions for your construction projects. It helps manage bids and bid requests from vendors too. You can also manage bid responses and procurement.
Online bidding for construction projects
Place, award, and manage bid requests
Track bid responses and analyse submissions
Generate purchase orders and use its construction management features to execute projects won
Fast customer support
Adequate features for the price charged
Good project and bid-tracking features
Lacks sufficient reporting features
Inadequate CRM features
Does not allow more than one active estimate for a particular project
Contractor Foreman starts at USD 49/month. You can try the software for free for up to 30 days. Their pricing page is transparent about various plans and includes both annual and quarterly billing options.
Capterra Rating: 4.4/5
G2 Rating: 4.4/5
Contractor Foreman does not allow you to have more than one active estimate on a project. While this may not affect a smaller contractor, it complicates things for us. I have been assured that this feature is in development. The constant development is a plus, as they are continuously tweaking and adding features and functionality.
There is a lack of a committed account manager that we can navigate best practices with. They have group sessions that do overviews, but then have to book a session to get into specifics. You're not always getting the same person so there's a continuity gap.
It is advised to choose a complete construction management software that includes comprehensive bid management features. This reduces the need to purchase different apps for construction estimating, construction accounting, or other project management tasks once you win the project.
Archdesk helps you achieve success with winning the bids, while also managing unlimited projects immediately. Your construction business need not get stuck in managing or transferring data, as you have a single place to manage pre-construction and entire project life cycle workflows.
Book a demo today to understand how Archdesk can enable winning bids or managing bid invitations for your construction projects.
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