When it comes to estimating, the details matter. Whether pricing a small building renovation or a large-scale project, having the right construction items and assemblies in your estimating toolkit can make all the difference. Specialty estimators understand that trade-specific items and assemblies are not only helpful but essential for creating accurate, efficient and competitive bids. Technology also plays a crucial

For contractors, managing project costs, bids and finances with accuracy is essential for staying competitive in construction. However, keeping construction estimating and accounting data aligned can be a challenge, particularly when using separate systems that don’t seamlessly connect. This often leads to the time-consuming and error-prone task of manual data entry. According to JBKnowledge’s Construction Technology Report reveals that 53% of contractors

Estimating is one of the most important steps in the construction industry. This is because: Bids are based off estimating totals and determine whether a contractor is awarded the job. Estimates are used to help contractors determine cash flow and profitability. With that in mind it’s crucial that estimates are accurate. In the past, estimators performed estimates by hand. However,

In the fast-paced world of construction, accurate and efficient estimating can make or break a project. Whether you’re bidding for a smaller local project or a complex government job, having the right tools at your disposal is critical for success. While many general-purpose estimating software exist, the most effective systems are those specifically designed for the unique needs of particular

When looking for construction estimating and takeoff software, you need to look for a robust solution that provides cutting-edge solutions to address the unique challenges faced by construction professionals. McCormick Systems is the leading provider of commercial construction takeoff and estimating software for the electrical, plumbing, and mechanical trades. We offer tools that can help streamline the process of measuring

In the world of construction estimating, material costs can make or break a project. Building strong relationships with construction material suppliers is essential for estimators to keep projects on time, on budget, and profitable. According to the U.S. Chamber of Commerce, construction materials typically make up 40-60% of the total cost of a project. With fluctuating material prices and supply

McCormick President Paul Wheaton appears on a recent episode of Today’s Electrical Estimating, a popular podcast hosted by Chris Trommer and Sal Huerta where they chat with leading electrical estimating experts to share industry insights and trade-specific tips. The focus of the episode revolves around AI, its current applications in estimating and all its potential future possibilities. Paul, Chris and

In today’s fast-paced construction industry, accurate and efficient estimating is crucial for success. Electrical estimating, in particular, requires precision and up-to-date industry knowledge to ensure projects are completed within budget and on time. Unfortunately, 91.5% of projects go over budget, over schedule or both, according to Strategy+Business publication. Fortunately, technological advancements have revolutionized the estimating process to make budgets more

Construction estimators are now finding themselves more dependent on digital technology and software systems than ever before. Many companies use digital tools, such as emails and smartphones, to regularly transfer work-related data and information. However, as technology becomes more tied to work, the higher the risk of being targeted by cyber-criminals. Cyberattacks come in many shapes and forms, most often being: Ransomware: Using encryption to lock

An estimating template provides estimators with a framework to use as they are creating their estimates. Think of it as a pre-defined format that estimators will repeat each time they create an estimate. Let’s dive deeper into how to use an estimating template, the importance of estimating templates and how electrical estimating software helps. Key Takeaways Estimating templates provide estimators

Construction projects are complex undertakings that often require adjustments as work progresses. Whether due to unforeseen site conditions, evolving project requirements, or design modifications, changes to the original construction plan are almost inevitable. According to Digital Builder, 35% of projects experience at least one major change throughout the life of the project. In the construction industry, these adjustments are formalized

On average, construction estimators win around 10-20% of the projects they bid for. Now, aiming to be awarded every project is unsustainable. However, it is quite easy to increase the number of bids you’re being awarded. One of the best ways to give your construction business a competitive edge quickly and effectively is to implement or refine your quantity takeoff and estimating process.