Bid Sheet Overview
The Bid Sheet provides a summary of all Primary Items related to a project. It displays each item's costs and markups in an easy-to-read format. Every Bid is created and finalized here, based on exact software calculations using:
- User inputs from the Item Sheets
- Markup Summary
- Additional tools
🔑Key features of the Bid Sheet:
- Adjust final unit pricing and markup
- Unbalance the bid
- Round totals into dollars and cents
Column Descriptions
👉Bid Qty / Takeoff Qty
- Bid Qty: Quantities provided by the engineer, state, or owner.
Takeoff Qty: Quantities calculated from your own measurements (your 'pay quantity'). Shown only for reference.
Color indicators for Takeoff Qty:
- Green: Overrun
- Red: Underrun
👉Calc. Unit Cost / Unit Cost
- Calc. Unit Cost: Unit cost plus markup, as calculated from the Markup Summary.
- Unit Cost: Raw unit cost from the Item Sheet.
👉Bid Unit
This is the required item quantity used to calculate the bid. It can be manually modified.
👉Bid Unit Indicator Column (gray)
|
* |
Unrounded (needs manual entry or Auto Bid Unit) |
|
F |
Manually marked as a Fixed Price Item (no costs associated) |
|
|
Bid Unit calculated using Move Money |
|
? |
Manually marked as an Open Item (toggle with right-click > Open Item) |
👉Total Bid / Total Cost
- Total Bid: Bid Qty × Bid Unit
- Total Cost: Bid Qty × Unit Cost
- Note: This may differ from the Item Sheet cost if Takeoff Qty ≠ Bid Qty
👉Markup %
- Initially pulled from the Markup Summary
- Can be manually overwritten
- Doing so removes the asterisk and finalizes the Bid Unit
👉Item Spread
- Formula: Total Bid – Total Cost
- Indicates how much profit is built into that item
👉Print Subtotal
Checkbox used to display subtotal Bid Items on:
- Proposal report
- Bid Sheet report
👉Resource Breakdown (12 Columns)
Each resource type shows both Unit Cost and Amount (Unit Cost × Bid Qty). Amounts include a total sum of all active items.
|
Resource Type |
Unit Column |
Amount Column |
|
Labor |
Labor Unit |
Labor Amt |
|
Equipment |
Equipment Unit |
Equipment Amt |
|
Rental |
Rental Unit |
Rental Amt |
|
Material |
Material Unit |
Material Amt |
|
Subcontractor |
Subcontractor Unit |
Subcontractor Amt |
|
Other |
Other Unit |
Other Amt |
👉Total Bid Calculations (Bottom of Bid Sheet)
- Actual Bid
- Total of all Bid Items after rounding or manual manipulation.
- Balance Bid
- The exact calculated Bid Price generated by the software based on your inputs from the item sheets and markup.
- Unbalanced
- The difference between the Actual Bid and Balanced Bid.
- If this number is in red, then your actual bid is lower than your balance bid.
- If this number is in green, your actual bid is higher than your balance bid.