Things To Know About TotalBid!
1. TotalBid was the first web-based construction bidding system in the industry.
Launched in 2001, TotalBid began as much more than a bid solicitation tool. TotalBid models the bid phase workflow but also includes communications tools for the bid team and suppliers, including document distribution and RFI communications.
2. Our founder was a GC who fixed a broken bid process.
As a commericial general contractor, our founder experienced many challenges with the conventional bid process. The nonstandard process and disconnected tools created confusion, frustration and in many cases highly subjective decisions due to the level of interpretation required.
3. TotalBid is so easy to use, it requires minimal training.
We were very careful from the beginning to create an easy-to-use system for everyone, including contractors. Project managers are up and running after only 2 hours of training, and bidding contractors don’t require training at all. This is because your bid team and contractors already know how to do it!
4. The most common project that passes through TotalBid is under $250,000.
Recently we conducted a study that has since been publishede by Jone Lang LaSalle. The results show that the ratio of large-to-small projects have inverted in the last 10 years. Now, the majority of projects are relatively small as compared to the multi-million dollar projects launched years ago. We believe that this is due in large part to how the industry has responded to the waning economy; companies are pouring their money into remodels, for example, before building new projects.
5. TotalBid has been adopted by many of North America’s most popular brands.
Large and small organizations representing financial, healthcare, energy, convenience, restaurant, supermarket, retail and program management sectors have adopted TotalBid for projects valued from $2,000 to $20,000,000 and beyond, as a proven way to save measurable time and money on every project.