Bid Normalization & Comparison for Commercial Construction
Why This is an Opportunity
Currently, general contractors face inefficiencies as they manually input bid data into spreadsheets, which is time-consuming and prone to errors. A simplified web app that automates data extraction and comparison would save significant time and reduce human error, providing instant actionable insights.
Key Pain Points
- •Manual entry of bid data is tedious and error-prone
- •Spreadsheets lack robust comparison features
- •No automated normalization of line items across bids
- •Requires cross-referencing multiple documents manually
- •Current process can take hours per bid
Original Discovery
In commercial construction, general contractors often receive multiple bids from subcontractors for each trade, leading to a complex manual process of comparing these bids using spreadsheets. A standalone app could streamline this process by allowing contractors to upload bid documents, extract line item data, and provide a side-by-side comparison with variance highlights.
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