Bid Boards: Your Tool to Find and Bid on Projects
In the construction and contracting world, timing and organization are everything. With multiple projects, tight deadlines, and fierce competition, staying on top of bid opportunities can be the difference between winning work and missing out. That’s where a bid board comes in—a simple yet powerful tool that helps contractors streamline their bidding process and stay organized.
In 2024, the average general contractor bid-hit ratio was 6:1 to 10:1 for public projects. Similarly, for the same year, the average subcontractor bid-hit ration was 7:1 to 11:1 for public projects. In this competitive market, finding and managing bids is paramount, which brings us to the importance of bid boards.
What Is a Bid Board in Construction?
A bid board is a centralized system used by contractors to track and manage bid opportunities. It serves as a visual or digital dashboard where each potential project is listed, along with key details like deadlines, scope, contacts, and status. Think of it as a project pipeline tracker—each bid moves through stages from discovery to submission.
Traditionally, bid boards were literal bulletin boards in the office, covered in sticky notes and printouts. Today, many companies use digital platforms that offer real-time updates, collaboration tools, and automated reminders.
