Subcontract Bond Calculation- Quotes
In the Quote Folder you can apply a bond percentage to a subcontract but be aware of how the calculation work. It is not what you expect and most likely once you realize how the bond is calculated you will want to use another option…
HeavyBid 2021.2
This version was released October 11. Again I recommend waiting a minimum of 2 months before installing the new release. I will be trying it out. There are obviously customers using the WBS feature of HeavyBid which after it was rolled out many years ago…
(Video) Viewing Margin in HeavyBid
In the main screen of Summary HeavyBid calculates profit using Markup which is a percentage of cost. This will never change but there are ways to see and even calculate profit using Margin which is the percentage of the price. I have finally decided on…
(Video) HCSS HeavyBid: Customization of Treeview Display
Here is a tutorial on how to make the Tree View in HeavyBid a little easier on the eyes. If you’re staring at your HeavyBid screen for 7-8 hours a day you might appreciate a change-up. I don’t recommend turning it into a colorful Christmas…
I am a Philosopher of Estimating
Yes this is a self-awarded title. Reflecting on this every company has an estimating philosophy. I have recently started aligning myself with companies that have a similar estimating philosophy. I can bring significant improvements to a company’s estimating workflow if we agree on goals. My…
Signs a Construction Company is Falling Behind
Construction is a tough business. I am in a lot of offices and I see companies that are thriving and I see ones that are fading away. Here are some warning signs that more than likely a company is heading into rough waters. Accounting is…
New Feature Coming
There is a new feature on the horizon in HeavyBid that I think will be very useful. You will be able to backup your System-Wide files to your company’s space on an Azure server. If you have activated Insights then you are taking advantage of…
Crew Costs Per Hour
If you want to see what hours crew costs are there is a simple report to print that is useful in estimate analysis. Go to Reports>Estimate Resource Reports>Crew Costs. There is an option to see only the crews in your estimate and also to include…
Default Setting to Change-Plug Price
Throughout HeavyBid there are default settings that more than likely you will want to revise. One of them is on the Estimate Information Setup on the first tab. The default is checked for “Apply plug prices to minority goals”. Now if you want this option…
(Video) Billable Rate Estimates in HeavyBid
I train companies that use composite labor and equipment rates in their estimates. The problem with this method of bidding is that the estimator does not know true costs (for budget) or a real profit margin to evaluate the project. That is why companies that…
HeavyBid – Basics and Beyond is devoted to everything HCSS HeavyBid and estimating. Updated regularly with helpful insights and tools of the trade, this blog is designed to make your estimating easier and more successful.
