The world of estimating (the process of calculating the costs of labor and materials to generate a bid) is filled with technicalities, acronyms, and jargon galore. Construction bidding software is a computer program designed to help contractors submit bids for construction projects. It also provides contractors with the ability to easily manage all of the documents associated with the bid process, including drawings, specifications, and other materials.
Association for the Advancement of Cost Engineering (AACE) – A non-profit organization serving the total cost management community. They provide resources to assist in success and growth as well as guidelines for applying estimating principles to project cost estimates.
Arc-Fault Circuit Interrupters (AFCI) – A type of circuit breaker that protects against electrical dangers by cutting the current when it detects heat caused by arcing faults. They are required for all 15- and 20-amp branch circuits making them common cost items in an estimating bid.
Allowance – A value in an estimate used to cover the cost of known yet not fully defined work.
Alternating Currents (AC) – An electrical current that reverses its direction many times per second at regular intervals.
American Society of Professional Estimators (ASPE) – A worldwide professional estimating certification network. An ASPE certification is recognized as the highest form of professional identification for an individual estimator as their training program covers all requirements needed for the profession (requirements such as a valid electrician’s license and the ability to read blueprints).
Auto-count – A digital inventory service that updates a management system with accurate product counts.
Autodesk – A computer program used for designing in 2D and 3D.
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