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7/29/2019 S9_Bid Analysis and Construction Items Price Estimation_LTC2013
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LA DOTD Bid Analysis Lite
Charles Nickel, P.E.
LADOTD Cost Estimate and
Value Engineering Director
Phone: (225) 379-1078
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Many of the designers who prepareestimates were interested in runningtheir own bid analysis.
Installing BAMS/DSS on all their
machines did not seem practical at thetime.
Nearly everyone has Microsoft Excel
installed and I loved the challenge.
LA DOTD Bid Analysis Lite
7/29/2019 S9_Bid Analysis and Construction Items Price Estimation_LTC2013
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Links to wTrnsports Oracle Database
to pull in real time bid results.
A stand alone version pulls data from a
static database file that has to be
updated from time to time.
Does not have all the functionality of
BAMS/DSS.
User friendly and readily available.
LA DOTD Bid Analysis Lite
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Based on Wisconsin DOT Constructionand Materials Manual, Section 2.1.2.1.1,
revised 10/98, as shown in Attachment
B on FHWAs website.
LA DOTD Bid Analysis Lite
http://www.fhwa.dot.gov/programadmin/contracts/ta508046.cfm
http://www.fhwa.dot.gov/programadmin/contracts/ta508046.cfmhttp://www.fhwa.dot.gov/programadmin/contracts/ta508046.cfm7/29/2019 S9_Bid Analysis and Construction Items Price Estimation_LTC2013
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Bid analysis is performed when:
the Department becomes aware of an
error in a quantity of an item shown in
the bidding documents
an item is found to be both significant
to the contract and significantly
unbalanced.
LA DOTD Bid Analysis Lite
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Items with bid extended amountsdiffering from the estimated extended
amounts by greater than:
For contracts < $2,000,000; 0.50% of the total contract amount.
For contracts => $2,000,000;
0.25% of the total contract amount.
(Extended Amount = Unit Price X Quantity)
Items Significant to the
Contract
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Items with a bid unit price that differfrom the estimated unit price by
Greater than
+50% of the estimated unit price
or Less than
-75% of the estimated unit price.
Items Significantly Unbalanced
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ITEMS SIGNIFICANT TO THE CONTRACT
And
SIGNIFICANTLY UNBALANCED
LA DOTD Bid Analysis Lite
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LA DOTD Item Bid History
Charles Nickel, P.E.
LADOTD Cost Estimate and
Value Engineering Director
Phone: (225) 379-1078
7/29/2019 S9_Bid Analysis and Construction Items Price Estimation_LTC2013
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Many of the designers who prepareestimates were interested in quick and
easy access to actual bid history and
other minor statistical item bid
information.
Nearly everyone has Microsoft Excel
installed and I loved the challenge.
LA DOTD Item Bid History
7/29/2019 S9_Bid Analysis and Construction Items Price Estimation_LTC2013
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Links to wTrnsports Oracle Database
to pull in real time bid results.
A stand alone version pulls data from a
static database file that has to be
updated from time to time.
Does not have all the functionality of
wTrnsport or CES.
User friendly and readily available.
LA DOTD Item Bid History
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