The estimator can price a bid rapidly and identify the critical elements of a tender. Pricing libraries facilitate consistent, accurate and well-documented rate build-ups. Changes can be made in a controlled manner, reducing errors and speeding up tender preparation. Bills of Quantities are replicated with sections, specifications and multi-line descriptions. Item description libraries and electronic bill importation can be used to reduce bill capture time. Alternatively, you can create a bill using quantities derived from the Take-off module.
Indirect costs are priced in a separate bill within the estimate. The Indirect bill incorporates the powerful tools available in both Estimating and the Planning systems giving you a priced bill that changes with the Indirect program.
Item rates are built up on the free-format analytical worksheet using resources and production calculations. The worksheet allows the estimator to expresses his ideas and calculations in a manner very similar to manual methods. This ensures that all parties involved at estimating and post tender stage will have a full understanding of the estimate make-up
Two kinds of resources are available: simple resources, which reflect the purchase cost of an item in any currency, and composite resources, which are made up of other resources. Items can also be priced by simply entering a nett rate or by splitting a rate into user-defined components such as labour, material and plant. Multiple levels of composite bill items are supported – these are bill items that are made up from other items.
Nett rates can be marked up by item, trade or page range, or by resource type. Local and foreign rate components can be marked up separately for multiple currency bills.
Relevant bill items are copied to the Subcontract Adjudicator for quotation comparison. The selected subcontract rates are transferred to the main bill so that the original items can be priced. A similar facility is available for materials.
There is a wide range of standard reports available, and the Report Manager is used to create presentation-quality reports and tailor reporting for management.
Integrating the Estimate with the Program
Items from the Bill of Quantities can be allocated to the program activities. The result of the linking process is an accurate forecast of the bill of quantities. Forecasts can be produced for bill items, individual resources or at summary cost code level.
Any changes to either the program or the estimate will be immediately reflected in the forecasts.
Immediate forecast cashflow
Once the Estimate and Planning program have been linked, detailed information from these two systems can be transferred into the Cashflow module. This ensures no items are omitted and that the cashflow figures balance with the estimate. This technique allows tender alternatives to be tested easily and the latest bid figures to be included in the forecast cashflow as they become available.
Last-minute changes can be made with confidence and the high speed of calculation allows rapid assessment of alternative strategies.
• Resource-based analytical estimating
• Description and pricing libraries
• User-defined document layouts
• Free-format rate make-up sheets
• Resource and value analysis
• Wastage and productivity analysis
• Multiple-currency resources
• Subcontract databases, enquiry
• Report writer and data export
• Integration with Planning