Leading fit-out companies streamline the work of the tender department with cutting-edge technology
ConWize allows you to quickly receive quotes from subcontractors, easily estimate the costs of quantities and avoid errors that could affect profitability.
HADERA, ISRAEL, Aug. 17, 2022 /EINPresswire.com/ — When finishing contractors approach a tender, they face a unique challenge. While budgets for finishing works projects are generally lower than those of residential towers or offices built from scratch, the number of subcontractors and suppliers involved in finishing works projects is very large and the lead times are generally extremely short.
Contractors who submit proposals to developers for the construction of towers have several months to prepare a quote, however, in finishing works projects, the schedule is usually tight and offers must be submitted in a few weeks and sometimes even in A few days. This is all the more difficult since bills of quantities are usually very detailed and the finishing works contractor must approach a large number of suppliers and contractors in order to be able to submit a quote for the tender.
Distributing bids and receiving bids from each vendor and subcontractor takes time, after which the finishing works contractor must analyze and compare all the bids and then decide on their bid price for the project. Because the schedule is tight and in order to be able to submit the offer on time, the finishing company must act quickly and efficiently during the call for tenders phase.
The ConWize Digital Tendering System provides cost estimates for finishing work projects accurately and quickly. In the bidding system, you can easily divide the bill of quantities by type of work and invite only the relevant subcontractors for each type of work, which makes it possible to distribute the entire offer in a few hours and significantly shorten the bid preparation process. Digital distribution is simple, convenient and fast. It allows you to respond to several tenders simultaneously and avoid errors and shortages on the quantity lines.
All tender distribution data remains documented in the system, including tender documents, log view data, and RFI correspondence. At any time, the finishing works contractor can see the current status of bids and has full control over the process. Contractors and suppliers who have been invited to participate in the tender can view the tender details and even submit their bids through the system.
Within the ConWize system, additional tools are available to the finishing contractor to perform quote analysis and comparison, using the most advanced and innovative methods available in the industry today. construction industry. Once a decision has been made on the prime contractor quote, it is transferred to the bill of quantities with a single click.
The system’s self-estimating tools make it possible to perform cost estimates efficiently and accurately and analyze data from different angles to ensure that everything is estimated as needed. The system also allows you to manage and plan overhead in the project, and add overhead and profit to direct costs to calculate the price to the customer.
In addition, after completing the project pricing and before submitting the offer, the system provides the company with advanced analysis tools to intelligently review the offer and decide if it is good and logical, and ensure that there are no mistakes to maximize the chances of winning the tender.
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ConWize – Cloud Based Cost Estimating and Auction Automation Platform