LA DOTD Bid Analysis Lite

Charles Nickel, P.E. LADOTD Cost Estimate and Value Engineering Director Phone: (225) 379-1078

LA DOTD Bid Analysis Lite

Many of the designers who prepare estimates were interested in running their own bid analysis. Installing BAMS/DSS on all their machines did not seem practical at the time. Nearly everyone has Microsoft Excel installed and I loved the challenge.

LA DOTD Bid Analysis Lite

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

Based on Wisconsin DOT Construction and Materials Manual, Section 2.1.2.1.1, revised 10/98, as shown in Attachment B on FHWAs website.

http://www.fhwa.dot.gov/programadmin/contracts/ta508046.cfm

LA DOTD Bid Analysis Lite

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.

Items Significant to the Contract

Items with bid extended amounts differing 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 Significantly Unbalanced

Items with a bid unit price that differ from the estimated unit price by Greater than +50% of the estimated unit price or Less than -75% of the estimated unit price.

LA DOTD Bid Analysis Lite

ITEMS SIGNIFICANT TO THE CONTRACT
And

SIGNIFICANTLY UNBALANCED

LA DOTD Item Bid History

Charles Nickel, P.E. LADOTD Cost Estimate and Value Engineering Director Phone: (225) 379-1078

LA DOTD Item Bid History

Many of the designers who prepare estimates 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

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.