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Our QTO Reports provide vital
information to the stakeholders involved in a
construction project.
Contractors - Profitability of a
construction firm depends on its ability to
bid on as many projects with as much accuracy as possible.
Performing quantity
takeoffs on construction projects is a task that the bidding
team has to do
regardless of their chances of winning the project. Hundreds
of hours are spent actually counting and quantifying every
item mentioned on the drawings and specifications. This task
is often accomplished at the expense of better communication
with subcontractors and advanced planning and analysis of
the project. Moreover, a minor error in the quantity takeoff
can result in losses that can be in hundreds of thousands of
dollars. It is also common for contractors to argue with
their subcontractors in the last minutes of bidding about
their
quantities.
Our QTO Reports provide a solution to the above-mentioned
problems for the
Contractors by:
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Freeing up the bidding team's time so they could concentrate
more on getting
lowest bids from subcontractors and analyzing the
productivity, project duration, and
profitability issues. |
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Providing a third party view of the project and help the
contractor and subcontractor agree upon a final quantity in
case of an argument at the last minutes of bidding. |
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Help smaller contractors who do not have the resources to
employ a full-time project bidding team to compete with
bigger contractors. |
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Reduce the cost of bidding a project. |
Owners
- Why remain in the dark and accept the quantities
presented by the contractors when our QTO Reports can
provide the owners with a low cost leverage in negotiations.
Cost Estimators
- Eighty percent of the effort that goes
into cost estimating a project consists of performing
quantity takeoffs. If cost estimating is an art then
performing quantity takeoff is a science. Our QTO Reports
provide a cost effective way to cost estimating firms in
their search for reducing their costs. Our QTO Reports also provide an important leverage to
smaller cost estimating firms and help them grow without hiring more employees and
thus increasing their overhead cost. |