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What is Cost Estimator?

Cost Estimator is a specialized software solution tailored for construction industry experts seeking to produce precise project estimates, oversee budgets, and monitor expenses live. With functionalities including collaborative tools for teams, adjustable pricing templates, and smooth integration of project information, it facilitates swift modifications to estimates in response to changing project requirements. This software enhances the estimating workflow, enabling contractors and builders to boost productivity, minimize expensive errors, and optimize their profit margins. Additionally, its adaptable pricing structures make it suitable for various project complexities and types, thereby ensuring improved accuracy in financial projections. By leveraging such features, construction professionals can significantly improve their overall project management capabilities.

What is BidVariance?

BidVariance is an innovative online Monte Carlo estimation tool tailored for consultants, agencies, engineering teams, and specialized contractors involved in fixed-price projects. The platform allows users to build intricate task-oriented models by entering optimistic, probable, and pessimistic estimates for both duration and costs, while also linking tasks and integrating probabilistic risks into their project plans. Its advanced simulation engine conducts thousands of outcome evaluations, delivering insights on variations in costs and schedules, including P50, P80, and P90 results, along with probabilities related to target margins, potential losses, and the likelihood of meeting deadlines, all based on the fundamental assumptions that influence these variations. Furthermore, users can examine alternative scenarios through Business and Consultant licenses, compute quotes reflective of their confidence levels, and export project information to produce printed reports that aid in decision-making. Although project models are saved locally within the browser, users must validate their online license to unlock the complete array of features. While there are free standalone bid calculators available that do not require account creation, accessing the full-fledged multi-task simulation application necessitates a one-time license purchase. This extensive functionality positions BidVariance as a highly adaptable tool, empowering users to effectively plan projects and assess risks while also adapting to various project needs. As a result, it enhances the decision-making process and ultimately contributes to the success of fixed-price project management.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

£47/user/month
Free Trial Offered?

Pricing Information

$129 one-time
Pro is $129 one-time for one user; Business is $249 one-time for up to five internal users in one legal entity; Consultant is $399 one-time for a consultant or consultancy analyzing client projects. Licenses are perpetual and include free minor updates; there is no subscription.
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Cost Estimator

Date Founded

2019

Company Location

United Kingdom

Company Website

costestimator.co.uk

Company Facts

Organization Name

BidVariance

Company Location

Turkey

Company Website

bidvariance.com

Categories and Features

Construction Estimating

Building Product Database
Change Orders
Cost Database
Customer Management
Customizable Templates
Job Costing
Price Data / Price Books

Categories and Features

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