bid.optimizer
BETA

bid.optimizer

Optimize your pricing and win more jobs without compromising operations.

Bid Analysis Dashboard

Market AnalysisComplete
Competitor PricingIdentified
Optimal Markup18.5% (↑4.3%)
Win Probability67%
Revenue Impact+$124,500

Always

Profitable Jobs

10-30%

Revenue Increase

Reduce

Uncertainty

How It Works

Our algorithm finds the perfect markup for every bid, balancing win rate and profit.

01
Data Collection

We analyze your historical bid data, outcomes, and market conditions to establish patterns.

02
Competitive Analysis

Our algorithm estimates competitor behavior to determine optimal pricing strategies.

03
Price Optimization

Get scientifically calculated markups that maximize expected profit for each new bid.

Workflow Demo

Seamlessly integrates with your existing quoting process.

bid.optimizer Dashboard

Current Job Cost Analysis

Materials$42,500
Labor$35,800
Transportation$6,200
Equipment$3,000
Job ID: PJ-2023-089
Total: $87,500

Pricing Strategy

Base Cost
$87,500
Optimal Price
$103,688
Industry Average
14.2%
Your Competition
16.8%
Win Probability
67%
Suggested Markup
18.5%

Frequently Asked Questions

Some things you need to know about bid.optimizer.

How much can this increase my revenue?

The algorithm finds the optimal balance between winning bids and maximizing profit margins. When integrated fully in automated quoting software, customers have boasted between 10-30% net revenue increases.

What use cases are there for using a bid optimization platform?

Construction companies bid on many jobs. They may want to know things like: How much should I bid on this project? If I bid on N jobs this month, what is the expected number of jobs I can get while bidding at the optimal price? The platform even accounts for your backlog, so you don't have to worry about missing out on work. Even more, we can compare actual costs vs estimated costs to give you a distrubution of expected revenue for each job.

Will this replace our estimators?

No. bid.optimizer works alongside your estimators, enhancing their expertise with data-driven insights. Your team still handles the cost estimation and bid preparation - we just help optimize bid performance.

What can I expect after a year of bid.optimizer?

Peace of mind. No longer do you need to worry about under-pricing jobs, losing out on jobs that you should have gotten, or missing out on arbitrage opportunities.

Ready to optimize your bidding?

Get the competitive edge in your industry