Budget Estimation – Bidding · ProjectVIEW ERP
Estimating and bidding software for capital projects
Estimating and bidding software for capital projects turns a tender BoQ into a priced, risk-checked bid. It builds each rate from resources, prices and productivity, not from copied old prices. In ProjectVIEW ERP, the same BoQ then becomes the project budget. As a result, the price you bid is the cost you control.
Key Features
- Import/Export BoQ from/to Excel Template
- Create New BoQ subitems as nested lines
- Associate Cost Recipes – Direct and Indirect Resources
- Update Materials/Subcontractors database via Procurement
- Forecast Inflation-based Materials Cost
- Allocate Indirect Budget Costs
- Any BIM Connector/Viewer
- Apply Overhead/Risk/Profit
- What-if/What-Will Bidding Scenarios
- Multiple Budget Versions (BoQ Versions)
Budget Estimation – Bidding · ProjectVIEW ERP
See Budget Estimation – Bidding in action
Budget Estimation – Bidding
Build the budget from the tender BoQ. Each BoQ line gets its resources, prices and productivity through cost recipes. Set overhead, risk and profit, submit the bid and export it back to the client’s Excel template.
- BoQ budget built from resources and cost recipes
- Overhead, risk and profit margins per bid
- The approved budget becomes the cost control baseline
AI, QTO and BIM
Bid faster with ProjectVIEW AI and connectors. The AI reads any client BoQ in Excel, cleans it and loads it into the budget. Quantities come from 2D drawings and BIM models.
- AI formats and imports any BoQ Excel
- 2D quantity take-off from drawings, PDFs and images
- Native BIM connector via IFC
What is estimating and bidding software for capital projects?
What ProjectVIEW Budget Estimation & Bidding contains
- BoQ import from Excel: tender BoQ lines are extracted, cleaned and assigned to the right estimators.
- Quantity take-off (QTO): quantities from drawings, PDFs and BIM models link to BoQ codes.
- Cost recipes: productivity templates add labor, materials, plant and subcontract resources to each BoQ item.
- Resource libraries and historical costs: past rates per region and project support every price.
- e-RFQ: consolidated requests bring current supplier and subcontractor prices into each BoQ line.
- Overhead, risk, discount and profit: each margin is added separately and stays visible.
- What-if bid scenarios: change prices at any BoQ level and see the new total at once.
- Export to the tender file: priced lines go back into the client's original Excel.
Why it matters in project-based ERP
- Fewer pricing errors: import and export to the tender file remove manual re-typing.
- Risk is sized, not guessed: the system compares tender and measured quantities and prices the difference.
- One BoQ from bid to budget: the awarded bid becomes the baseline for cost control.
- More time for strategy: estimators decide on price and risk instead of keying in data.
Add-ons and AI
- BIM add-on: import any .ifc file and extract materials and quantities per BoQ code.
- 2D QTO add-on: measure lengths, areas and counts on drawings, PDFs and images.
- Bidding & Estimation AI Agent: imports and cleans BoQs from any Excel format and builds an early budget from cost recipes.
FAQ: estimating and bidding
What is estimating and bidding software?
It is software that prices a tender BoQ from resources, rates and productivity, and then adds overhead, risk and profit. In ProjectVIEW ERP, the priced BoQ also becomes the project budget after award. It serves construction, shipbuilding and repair, marine and offshore, mining and quarrying, and project-based manufacturing companies.
Can ProjectVIEW ERP import the client's BoQ from Excel?
Yes. It extracts the BoQ lines from the tender Excel file and helps clean the data. After pricing, it exports the rates back to the same file for submission.
How does ProjectVIEW ERP handle bid risk?
Overhead, risk, discount and profit are kept as separate margins. In addition, the system compares tender quantities with measured quantities and sizes the cost of the difference. What-if scenarios then show how price changes affect the total.
How do we turn a tender estimate into a controlled project budget?
Build the estimate from the BoQ. A specialised ProjectVIEW AI agent can automatically associate cost recipes and productivity templates with BoQ items. It uses resource quantities, rates and productivity assumptions to calculate unit costs and scale them to BoQ quantities. The estimator reviews the proposed matches and costs before approval.
At award, reconcile the priced BoQ with the agreed scope. Carry approved recipes and assumptions into the execution budget and link it to the WBS and cost codes. Use that baseline to measure progress and compare commitments and actual costs. Keep approved changes traceable to explain how the current budget differs from the original baseline.
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