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Scheduling Strategies in a Hard Bid Environment

Hard bid scenarios are a difficult balancing act. The obvious answer is that the lowest bid wins and change orders will make up the difference. But there is a better way.

Join Vico Services, the professional BIM consulting services side of Vico Software, for part one of a four-part webinar series: Mastering the Hard Bid with BIM.

What: A free online webinar
How: Register today at https://www1.gotomeeting.com/register/872645568

In an environment where there are smaller projects with plenty of bidders under a hard bid edict, it’s imperative that you remain competitive on your fees and general conditions. How so?

At-risk General Conditions are typically 7-11% and getting skinnier in this economy. In a hard bid, if your schedule extends even just one month, you’re bound to pay the whole expense. And that expense knocks up against the 7-11%.

This webinar is for you and your firm if:

>>	Hard bids have become the de facto bidding process in your market;
>>	You want to develop hard bid strategies quickly, but might not have time to develop a BIM;
>>	You know you'll discover change orders during the project, but you want to find them sooner;
>>	You understand that construction-caliber quantities drive a more precise schedule and estimate - you just haven't seen it in action;
>>	You want to protect your fee and believe that 4D and 5D BIM done right will mitigate project risk.

How can General Contractors master the schedule, even in hard bid conditions? In this special Fridays with Vico webinar, we’ll demonstrate how Vico Control can help you bid a shorter schedule, as well as manage and meet that tighter schedule. Vico Control also allows you to vet the credibility of the bids from subs with whom you’ll be sharing the risk. The software and methodology gives you a much clearer, farther-forward-look at the project so you and your team can make adjustments earlier. In addition, you also gain the ability to do what-if scenarios and strategize how you will bid the job: you’ll better understand how to attack the project and prepare a more competitive price based on schedule control.

It’s counter-intuitive to think that a tighter schedule mitigates risk. But you haven’t seen Vico Control, our quantities-driven, location-based, and resource-balanced scheduling solution used by our Professional Services organization on over 300 projects worldwide

And as with all our Fridays with Vico sessions, we'll include case studies, ROI, and plenty of time for Q&A.

To learn more about hard bid realities, explore the Vico Blog postings where we’ve penned some additional commentary:

Hard Bids – Back to the Future Construction-Style

Reduce Project Risk with Location-Based Schedules

Location-Based Scheduling from the Owner’s Point of View

What: A free online webinar
How: Register today at https://www1.gotomeeting.com/register/872645568

Learn from your peers with your peers at Fridays with Vico.

See highlights of this Fridays with Vico episode on the video clip below. If the content is meaningful to you and your BIM Team, please watch the entire archived movie via the link above.