Detail: Procore's Construction Project Management Project Bidding Tool
Procore's construction project management software allows an organization to solicit bids based on the bidding documents and contracts prepared in the detailed design phase of a construction project. Sub-contractors can download bid packages from Procore, and then provide bids which quantify their contributions to the project in terms of material quantities, productivity rates, worker hours, wage rates, material dollars, overheads and indirect costs.
Procore enables quick evaluation of the key factors that can be used to derive the best price for a specific sub-contract. By creating a bid history with Procore, users are able to consider bids based upon the total number of bidders on a project, the backlog of individual bidders, the bidding history of individual vendors, the physical location of specific bidders, and the speed with which a bidder is able to both respond to a bid and amend the bid based upon additional information.
Procore's construction project management software makes it simple to manage the documents that make up a bid packet. Bid documents can be any electronic format, including plans, specs, PDFs, and the output file types from other construction software packages such as CAD applications or spreadsheets. Once the documents have been uploaded to Procore's construction project document management tool, those documents are then available for inclusion in any bid packet.
Procore allows your organization to establish a comprehensive bidding history for every project and bid packet. All emails (both sent and received) regarding a particular vendor and bid are automatically attached to the vendor record within Procore's construction project bidding tool. Procore's construction project management software also tracks the changes associated with every bidding item, so that it's easy to know which Procore user did what, and when that action was taken within Procore. All of a bid's tracking history is compiled as a background process by Procore -- no action on the part of the user is required. The result is that at the end of every bidding process, Procore will have created a complete bid history for each vendor -- with no additional work required on the part of the user.
Procore's bidding tool is designed to be easy to use so that sub-contractors can respond as quickly as possible to bid solicitations. The bid list view within Procore will let a bid administrator see at a glance which vendors have submitted bids, and which vendors have yet to respond to bid solicitations. Procore's construction project bidding tool also saves every bid sheet in PDF form so that vendors can print out the documents and include them in their offline business processes if necessary.