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SmartBid is ranked #3 on the top 10 Construction Bidding Software leaderboard based on a comprehensive analysis performed by SelectHub research analysts. Compare the leaders with our In-Depth Report.

SmartBid Pricing

Based on our most recent analysis, SmartBid pricing starts at $450 (Monthly).

Price
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Starting From
$450
Pricing Model
Monthly
Free Trial
No

Training Resources

SmartBid is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for SmartBid:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

SmartBid Benefits and Insights

Why use SmartBid?

Key differentiators & advantages of SmartBid

  • Increase Bid Coverage: Integrate with ConstructConnect and SmartInsight to access subcontractor databases. Grant subs access to project details. Compare multiple bids simultaneously to save time. 
  • Gain Vital Insights: Generate financial and project performance reports to make informed decisions. Monitor job statuses in real time through the dashboard. 
  • Stay Out of Legal Troubles: Enable subs to upload documents such as licenses, insurances and W-9 forms directly into the system. Send automated notifications to subcontractors when compliance is nearing expiration. 
  • Increase Team Collaboration: Integrate with takeoff solutions such as Procore, Stack and BIM 360 to encourage multiple estimators to work on the same project. 
  • Share Documents in Real Time: Leverage Microsoft Azure’s document management capabilities to maintain a centralized database with granular access controls. 

Industry Expertise

Designed for general contractors and subcontractors. Caters to small- and medium-sized companies.

SmartBid Reviews

Average customer reviews & user sentiment summary for SmartBid:

User satisfaction level icon: great

95 reviews

87%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of SmartBid reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

  • Streamlined Bid Management: SmartBid centralizes the entire bid process, allowing General Contractors to efficiently manage invitations to bid, track subcontractor interest, and compare bids side-by-side.
  • Enhanced Collaboration: The platform facilitates seamless communication and collaboration between General Contractors and Subcontractors, ensuring everyone is on the same page throughout the bidding process.
  • Improved Accuracy and Efficiency: SmartBid helps General Contractors avoid costly errors by automating tasks such as bid leveling and ensuring accurate bid comparisons.
  • Increased Subcontractor Reach: SmartBid provides access to a vast network of qualified Subcontractors, expanding the pool of potential bidders and increasing competition.
  • Time Savings: By automating many of the manual tasks involved in the bidding process, SmartBid frees up valuable time for General Contractors, allowing them to focus on other critical aspects of their projects.

Cons

  • Steep Learning Curve: SmartBid's extensive features and functionalities can be overwhelming for new users, requiring significant time investment to learn and navigate effectively.
  • Customization Challenges: Adapting SmartBid to specific workflows or unique bidding processes can be difficult due to limitations in customization options, potentially hindering efficiency for companies with specialized needs.
  • Integration Issues: Integrating SmartBid with existing software or project management tools can pose challenges, requiring additional effort and potentially leading to data inconsistencies or workflow disruptions.
  • Cost Considerations: The pricing structure of SmartBid may be a concern for some construction firms, particularly smaller businesses or those with budget constraints, as it can represent a significant investment.

Researcher's Summary:

SmartBid, a construction bid management software, has garnered positive feedback from users for its user-friendly interface and comprehensive features. Users appreciate the software's ability to streamline the bidding process, manage projects efficiently, and improve collaboration among team members. The software's ease of use has been highlighted as a significant advantage, making it accessible to both experienced and novice users. Additionally, SmartBid's extensive features, such as project management tools, estimating capabilities, and scheduling functionalities, have been praised for their effectiveness in enhancing productivity and organization.

Compared to similar products, SmartBid stands out for its intuitive design and robust functionality. Users have noted that SmartBid's interface is more user-friendly than that of its competitors, making it easier to navigate and learn. Furthermore, the software's comprehensive feature set provides users with a wide range of tools to manage their bids and projects effectively. SmartBid's integration capabilities with other construction software, such as Procore and Autodesk, have also been commended for enhancing workflow efficiency. SmartBid's strengths lie in its ability to simplify complex processes, improve communication, and provide a centralized platform for managing construction projects. These factors are crucial for construction professionals as they contribute to increased efficiency, reduced errors, and improved project outcomes.

SmartBid is well-suited for general contractors of all sizes who are seeking to streamline their bidding process and enhance project management. The software's scalability and flexibility make it adaptable to the needs of small, medium, and large construction firms. Its user-friendly interface and comprehensive features make it an ideal choice for both experienced and novice users. SmartBid's ability to improve collaboration, communication, and organization makes it a valuable tool for construction professionals looking to optimize their operations and achieve project success. However, it's important to note that software options and features can change over time, so it's recommended to check the latest information online before making a decision.

Key Features

  • Bid Invitations: Build custom mailing lists and edit bid invitations using mail editing functionality. Create ITBs using pre-built templates. 
  • Document Sharing: Upload project documents of different formats. Grant editing permissions to authorized users. Publish public documents to websites through XML integration. 
  • Mobile Interface: Use the mobile app to monitor bids and responses. Access project data off-site. 
  • Subcontractor Management: Manage a subcontractors’ network by integrating with public registries. 
    • Subcontractor Database: Import existing databases to find qualified subcontractors. Sort contacts by project types, trade codes and service areas. 
    • Bid Comparison: Analyze bid submissions and compare multiple bids to select the ideal subcontractor for the project. 
    • Prequalifications: Create custom forms online to collect subcontractors’ data consisting of supporting documents and confidentiality agreements. 
    • Nonconformance Tracking: Avoid manual data entry using optical character recognition technology. Enable subcontractors to upload compliance documents. Receive overdue nonconformance notifications to help ensure prompt action. 
  • Reports and Project Metrics: Generate color-coded reports to detect spam emails, duplicate companies and minorities. Create custom reports to track bidding processes. Analyze reports of subcontractors who received bid invitations and submitted bids. 
  • Integrations: Transition from pre-construction stage to building stage by integrating with Procore, Autodesk BIM 360 and Stack. Integrate with Dropbox to upload, store and share project files. 

Limitations

At the time of this review, these are the limitations according to user feedback:

  •  System lags while downloading zip files. 
  •  Doesn’t offer robust file searching functionality. 
  •  Doesn’t provide unlimited user access. 

Suite Support

mail_outlineEmail: [email protected].
phonePhone: (888) 808-8319.
schoolTraining: Attend academy sessions for an additional cost.
local_offerTickets: Submit tickets via a support portal.
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