Bid Automation is an easy to use, end-to-end construction bid management software platform, made possible by combining workflow automation with bid team communications, document distribution, activity tracking, and in-depth bid submittal comparison and analysis....
Project Owners, Owner's Representatives and GC/CMs can solicit different bidders for different aspects of the same project, and in turn merge the bids into one master project analysis, promoting better comparative reporting and historical analysis....
Optimize your time and spend when bundling projects. Lot Bidding helps you leverage economies of scale on similar projects and provides you the flexibility to award individual projects, or award the entire Lot, based on the bidder’s proposed Lot discount....
Reduce construction spend by up to 10% and more using our well controlled, patented bid process. Multistage Bidding is a proven way to ensure cost reduction without the compromise....
TotalBid® provides an immediate ROI, whereby the client does not have to wait for the end of the project lifecycle to benefit. The TB Project Evolution outlines many of the additional benefits available with all our format types described above….
ROI is defined by many variables, not only cost reduction but also time savings, supplier and PM visibility and transparency, enhanced communications, more effective document management etc. Our signature SpeedLevel® feature alone provides an enormous amount of ROI by identifying high risk project costs at their roots.
TotalBid hits the mark again with its TotalBid Questionnaire (TQ) feature. Designed for prequalification, or to be used in combination with the bidding process as a tollgate, or as a standalone supporting document attached to your bidder’s submittal. The TQ will answer all your questions.
Total transparency into line item cost, unparalleled team and bidder communication and collaboration combined with in-depth comparison analysis of the original bid/cost submittal and any number of further leveled submittals, makes SpeedLevel® a must have for all construction sourcing.
The Risk Assessment Report provides an in-depth listing of each bidder’s high-risk line item costs, including an explanation for each targeted submittal. This report combines data with the Totalbid SpeedLevel® functionality, enabling the PM to collaborate immediately through in-cell communications with any selected number of contractors simultaneously.
Founded in 2001, CPBID Technologies, LLC is a true revolutionary in the world of commercial, industrial, and residential construction. Determined to bring the archaic method of construction sourcing into the new era of internet technology, we developed an initial pathway for bid automation. Next, we assembled a team to lead in the development of a bid management prototype that was then vigorously tested by a well-known restaurant chain franchise owner. Following this, the CPBID team secured funding and launched CPBID Technologies. Now, CPBID is recognized as an industry leader, with the continued popularity of the TotalBid construction spend management software platform.
Check out the latest updates from TotalBid!
Reduce Your Time By 75% and Construction Spend On Every Project.
TotalBid® offers an A-to-Z construction management system that is easy to use, comprehensive, and continues to make construction bidding faster, easier, and more reliable. Continual improvements to the website functionality has Users agreed, “TotalBid out performs all other bidding platforms.” Enhancements to the TotalBid Questionnaire (TQ), FirstLook, SpeedLeveling®, Design-Build and Bundle management, round out the winter updates. Not only have we improved the current capabilities of the TQ, as a supporting feature on a project, but we have made it possible to use it as a tollgate for passage to the bidding portion of the project. Using the Questionnaire as a tollgate, b
TotalBid Enhances Questionnaire To Make Bid Solicitations Even More Successful.
Cost isn’t the only factor involved in awarding a viable bid. You also need to score your bidder’s history and current capabilities. So, how does one judge a contractor for their past performances and current capabilities?..... Many factors can play into this when you consider that a GC’s performance is essentially only as good as the Subcontractors working for them. Many times, the Subcontractors complete 40% - 70% of the work, so it is important to know if the GC is selecting the best team possible. In addition, when an Owner Client contracts with a specific GC that was used on a previous project, there is no guarantee that the same team will be assembled to deliver the same qu
TotalBid Optimizes Construction Sourcing
TotalBid has taken its functionality up a notch. We have enhanced our Bid Leveling with the capability to handle the most complex of bid sheets. The latest upgrades provide additional transparency into advanced bid sheets (ABS), a higher level of collaboration, and the identification of high risk cost items, already provided by our FirstLook feature. No other construction sourcing system has the ‘secret sauce’ needed to provide PMs with such cost control assets for managing and evaluating bids. We cannot stress how many parts of the construction process are affected by the sourcing. Pages and pages have and will be written about this subject. But, no matter how you manage the effort,
TotalBid adds FirstLook to further enhance its evaluation analytics. Project Managers are now provided with an immediate detailed report of high risk line item costs submitted by all bidders. Remember the days of receiving bids via Excel? Going through all the grueling analysis trying to compare apples to apples…The pain of sorting out the miscellaneous or ‘other’ line item costs…..And further, the almost impossible task of identifying which of the submitted costs are high risk. Fret no more, TotalBid FirstLook provides the user/PM with a detailed listing immediately following the bid due date and time. The FirstLook Report provides an in-depth listing of each bidder’s high-r
In an effort to expedite bid award, TotalBid has designed and developed an automated method for leveling bids. SpeedLevel® provides the user with a one-stop, interactive page, that performs a complete analysis of cost submittals; pinpointing high risk line items. This process greatly reduces subjectivity, eliminates manual comparison analysis, and allows for multiple leveling events to take place simultaneously. Furthermore, as high risk cost items are highlighted, an internal collaboration feature allows for notes to be recorded and transmitted between the user and the bidders for immediate clarification and/or revision of cost submittals. SpeedLevel® not only reduces risk but also reduce
Sourcing Options: A Best Practice To Spend Less
It is generally accepted that if you want to obtain the lowest possible construction cost, competitive bidding is the answer. When competitive bidding is administered with pre-qualified contractors, the end result is enhanced. Competitive "open" bidding, as we know it today, has been a public sector best practice for the sourcing of construction services for many decades. In the private sector, competitive bidding "by invitation only" is a widely held st [caption id="attachment_596" align="alignleft" width="300"] Figure 1. Traditional Competitive Bid Process[/caption] andard for project sourcing across all industries (Figure 1). THE EVOLUTION. Of course, innovators can’t leave we
All TotalBid services offer a return on investment at a rate of 50 to 125 percent or more, based on time and money saved. No training required for Bidders. Minimal training for Owners, PM/CMs and A/Es. TotalBid is a familiar bid process. It is made to work your way, only easier!
Senior Executive
Empire State Realty Trust
We utilize TotalBid across our portfolio for our construction and capital improvement projects. The system provides a comprehensive sealed bid platform with streamlined bid leveling and award functionality while providing transparency and historical archiving. Customer support and training are top notch.
Sr. Project Coordinator
Owner's Rep. Firm
We have been using Bid Automation and Multistage Bidding, and the system has greatly improved our work flow. The team at TotalBid is constantly enhancing their offering and results are distributed to every project stakeholder minutes after each bid closes. Additionally, we have been using the Lot Bidding product and the benefits have proven to be outstanding. We have realized Lot discounts ranging from 1% to 10%, which falls directly to our client’s bottom line. A user friendly system that provides great tools and enhances financial results
Director of a National Firm
Retail Project Management Office
When it comes to support, the TotalBid staff is always available to assist to answer any questions, or to participate in our staff training sessions. And they are always quick to respond to our request for tailoring the system to meet our process design.
Multinational CM Firm
Supply Chain Management
TotalBid is very effective in how it helps us with cost savings and cost avoidance. A typical project prior to the use of TotalBid would be $200k. After using TotalBid tools and features, the cost of a similar job comes in at $185k, Allowing a more detailed analysis, bid leveling, etc.
Leading Financial Institution
Construction and Development Lead
I just wanted to pass on how well your system has worked out for us. TotalBid has been great for our latest round of Project Audits. We demonstrated the process and your product as a best practice that has helped to insure consistency in the practice of bidding, leveling and awarding. I recommend your product to others in the industry, all the time! Your product has helped our overall transition back to competitive bidding (from negotiated contracts). The savings have far exceeded our expectations. As you have seen, we have expanded the use of TotalBid to more types of projects and now our partners have started using it for procuring AE services.
Regional US Bank
Construction VP
With the level of change order approvals we implement, requiring architect and facility partner review, approve or reject, we were able to reduce the amount of change orders that would have blindly been approved by the AEs and project managers whom did not have an incentive to reject them. We knew we needed to do better so we changed the approval process to add value to the owner, thus we implemented TotalBid’s Change Order Management product. Now that the AEs are added into the CO approval loop in TotalBid, they circumvented many potential change orders by rejecting ones submitted and directing the GC to the plans and specs. As a result, the TotalBid Change Order Management product has helped to reduce our change orders by over 15%.
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