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Case Studies > How W.M. Schlosser Construction Company Enhanced Bidding with Sage Estimating

How W.M. Schlosser Construction Company Enhanced Bidding with Sage Estimating

Customer Company Size
Mid-size Company
Region
  • America
Country
  • United States
Product
  • Sage Estimating
Tech Stack
  • Spreadsheet-style Data Entry
  • Electronic Takeoff
  • Cost, Assembly and Formula Databases
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Productivity Improvements
  • Customer Satisfaction
Technology Category
  • Functional Applications - Remote Monitoring & Control Systems
Applicable Industries
  • Construction & Infrastructure
Applicable Functions
  • Business Operation
  • Quality Assurance
Use Cases
  • Predictive Maintenance
Services
  • Software Design & Engineering Services
About The Customer
W.M. Schlosser Construction Company is a well-established general contractor with operations in Maryland and Virginia. The company is recognized for its quality work, a strong culture of safety, and high employee retention rates. Specializing in government projects, W.M. Schlosser handles projects valued up to $50 million, including water treatment plants, courthouses, prisons, and airports. The company is known for its ability to win profitable projects in a competitive market, thanks to its experience, industry knowledge, and efficient estimating processes. With a focus on fixed-price government work, W.M. Schlosser has built a reputation for precision and accuracy in its project estimates.
The Challenge
W.M. Schlosser Construction Company, a general contractor operating in Maryland and Virginia, faced the challenge of winning fixed-price government projects in a highly competitive market. The company needed to ensure that its bids were not only competitive but also profitable. The traditional method of using spreadsheets for estimating was proving to be inefficient and error-prone. The fluctuating material costs, such as the 300% increase in lumber prices, required frequent adjustments that spreadsheets could not handle efficiently. Additionally, the company needed a faster and more accurate estimating process to keep up with the building boom and the slow response from subcontractors.
The Solution
To address the challenges of inefficiency and inaccuracy in estimating, W.M. Schlosser Construction Company implemented Sage Estimating. This software provided the company with a highly accurate and efficient estimating process, allowing them to build some of the most precise estimates in the industry. Sage Estimating enabled the company to adjust material costs quickly and accurately, which was crucial given the fluctuating prices. The software's ability to complete estimates in a fraction of the time compared to spreadsheets allowed W.M. Schlosser to submit project bids more quickly and verify subcontractor bids effectively. By standardizing its estimating processes with Sage Estimating, the company eliminated errors and inconsistencies, enabling multiple estimators to collaborate on the same project seamlessly.
Operational Impact
  • W.M. Schlosser Construction Company achieved a highly accurate estimating process, allowing them to win more profitable projects.
  • The company was able to adjust material costs quickly and accurately, ensuring that their bids remained competitive despite fluctuating prices.
  • Sage Estimating enabled the company to complete estimates in a fraction of the time compared to spreadsheets, allowing for faster project bid submissions.
  • The software facilitated better collaboration among multiple estimators, resulting in more consistent and error-free project estimates.
  • By using Sage Estimating, W.M. Schlosser was able to verify and validate subcontractor bids more effectively, leading to more accurate and competitive bids.
Quantitative Benefit
  • Material cost estimate accuracy within $43 of actual cost.
  • Lumber price adjustment capability up to 300% increase.
  • Estimate completion time reduced from 4 hours to 20 minutes.

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