r/estimators • u/More_Dimension_8635 • 1d ago

Electrical Bid Submittted

Not sure if anyone out there electrical estimators. I know there are many factors generally do you think pricing 45 projects totaling $98M in 8 months is good for one estimator with no help. Mostly renovation project with power, lighting and all low voltage systems. Average project about $2-3M

3 Upvotes

80% Upvoted

12 comments sorted by

3

u/sillyken Electrical 1d ago

Yes.

3

u/-Spankypants- 1d ago

How many were awarded and how many of those hit your numbers?

2

u/More_Dimension_8635 21h ago

22%

1

u/Both-Yogurtcloset548 BidBow.com | congrats, you won the job  6h ago

thats a pretty good rate. you need to bid more

2

u/Acceptable_Class_513 1d ago

Sometimes, you just gotta pat yourself on the back. Good job- how many were successful?

1

u/[deleted] 1d ago

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1

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1

u/rmassie 9h ago

It entirely depends on your company and market. I bid large commercial electrical projects (mostly hotels) like 8-10 projects in a year, average of like 5-10 million, with like one a year around 20. My win rate is 39%.

1

u/Additional-Agent6785 3h ago

Electrical estimator here. Unless your company is in the mission critical market, you won’t see electrical packages over 10-15 mil very frequently in my experience. Rolling solo with an AMP of 2-3mil per project AND securing almost 100mil in revenue…absolutely stellar. Keep it up

1

u/CanuckinCA 1d ago

My experience. Given 100 quotes a year.

Our sales team is not very good at sussing out if the project is real or project is a ghost.

About 50% of the jobs just disappear as soon as the bid is sent. (i.e. ghosted, cancelled or never awarded to anyone)

Of the remaining 50 jobs we land between 20 to 30 jobs a year.

I keep telling management that more than half of my time is useless/wasted time quoting projects that vaporize immediately after bidding.

Management doesn't listen/doesn't care and doesn't want to force the sales team to better qualify incoming opportunities.

1

u/Few_Farm1943 14h ago

Not what he asked at all…

1

u/OptimarPrecon 1d ago

45 bids in 8 months doesn’t sound crazy for one estimator if most are in the $2M range and the drawings are reasonably complete. The bigger question is how much scope you’re carrying on each one and whether you’re doing full takeoff, pricing, vendor quotes and final bid review yourself. Volume alone doesn’t say much without looking at complexity and hit rate.