As the leading electrical estimating software platform, Esti-mate Electrical understands the importance of getting your tenders right. That’s why we recommend that you don’t outsource your tendering to a third party. Here are three reasons why:

Outsourcing is expensive:

External companies charge a bomb whether you win the job or not! 1 small tender can ≈ the cost of 4 years worth of subscription costs to an Estimating Software (ours!) By keeping the estimating process in-house, you can save money and lots of it.

You’re not in the dark:

You won’t get extensive knowledge of the project in question if an external company completes the tender. When it comes to the letting process or winning the tender you have extensive knowledge on how the jobs are being built. And When you tender your own work, you gain valuable insights into your business, the market and the job itself. This information can be used to improve your pricing, bidding strategies, and overall business performance. 

It’s risky business:

When you outsource your tendering, you’re essentially handing over control of a critical part of your business to someone else. Once the tender is complete & paid for, any mistakes made by the external company are at your risk & associated costs are yours to own as well. This can be a risky proposition, as you may not be able to influence the way your tender is prepared or presented. Also back to point 2. It is a risk you are taking to not have thorough knowledge of the projects coming through your business

Why It’s Beneficial to Keep the Estimating Process In-House

Keeping the estimating process in-house gives you the following benefits:

• Control: You have complete control over the estimating process, from start to finish. This means that you can ensure that your tenders are accurate and competitive.
• Expertise: Your in-house estimators have the expertise and experience to prepare accurate and competitive tenders. They also have a deep understanding of your business and the market, which allows them to make informed decisions about pricing and bidding strategies.
• Cost-effectiveness: By keeping the estimating process in-house, you can save money on fees and other costs.
• Flexibility: You can adapt the estimating process to meet the specific needs of your business. This means that you can be more responsive to market changes and customer requirements.

If you’re considering outsourcing your tendering, we urge you to reconsider. There are many benefits to keeping the estimating process in-house, and Esti-mate Electrical can help you make the most of it. Ask yourself why you would think about getting someone else to do it? If it is because you are unsure how to tender properly or not confident about your estimating skills, or time poor contact Esti-mate Electrical today to learn more about how we can help you improve your estimating process. Saving you time, making you money and increasing your professionalism. You wont regret it, in fact you will wish you did it sooner!