
September 2023
Successful construction companies depend on creating accurate estimates for bids and projects. Accurate estimates are essential for everything from winning bids to securing a company’s long-term success. The process can be quite difficult, though. It requires taking many factors into account that are beyond a company’s control, such as the cost of materials and the condition of the worksite. Unforeseen events like weather can delay a project or cause costs to rise. An estimate must take these risks into account to the greatest extent possible. The following article discusses many of the ways that creating accurate estimates can help construction businesses succeed.