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Client Comment
I’m a strong proponent of automation of spec writing. This program (HDP) has added a level of consistency that I was lacking before. It helps add some science to the balance between “art and science” that is part of being a Rehab Specialist. Yes, you have to figure out how to repair something the right way. You will always have scenarios that I call “head scratchers” when you tear apart an old house that has been remodeled or repaired insufficiently. But for all of the things that are simply quantitative take-offs, this is a seriously powerful tool.
A. Y.
8/10/2011
 
ROI Calculator for HDP Online Bidding

Use the Return On Investment (ROI) Calculator below to determine how much money you'll save by using HDP Online Bidding. We've already estimated amounts to get you started but feel free to modify them where appropriate.

Need help? Read the What is a Bid Request? FAQ or give us a call at 717 356-2300.

Bid Requests Per Year  
 
Hourly Labor Rate $ Fully burdened rate (include benefits and office overhead)
On a per-Bid-Request basis, enter an estimate for average amount of time (in hours) you spend on the following bid-related activities:
    Current HDP Online Bidding    Hours You Spend Per Bid Request
Labor Hours    Putting together Bid Packets
       Distributing & Collecting Bid Packets
       Recording Received Bids
       Additional Bidding Activities
   
 
Total Labor Hours 3.75  0.25 
   
 
Total Labor Cost $120.00  $8.00   
 
Expense, $    Bid Packet Mailing Cost
   
 
Total Project Cost $140.00  $8.00   
On an Annual Basis:

    Current HDP Online Bidding    
Total Project Cost $1,400.00  $80.00   
HDP Online Bidding Cost N/A  $151.00   
   
 
Total Annual Cost $1,400.00  vs    $231.00   
     
 
Total Annual Savings   $1,169.00   
     
 
Annual ROI   506.1%   
 


Summary
For the 10 Bid Request(s) you complete this year, you will spend $1,400.00 using your current bidding method. However, if you invest $231.00 in HDP Online Bidding, then you will save $1,169.00 every single year which is an annual ROI of 506.1%!

What's next?

  • See screenshots of HDP Online Bidding - what you'll see within HDP and what your contractors will see

Purchase a subscription to HDP Online Bidding

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