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Reduced bid costs through detailed project specifications

The Issue

Traditionally, the vendors who service buildings, such as mechanical engineering firms or building automation system companies, build margin into their bids to perform discovery on the building. To compound this issue, vendors often include unnecessary scope because they re-use bids from past buildings, even if the scope does not fully apply to the building in question. In this building, Bractlet’s Intelligence Engine(TM) identified and analyzed a series of optimizations using the Digital Energy Twin(TM) of the building. Using the virtualized model, Bractlet’s platform outputs highly specified sequences of operations for each optimization that are used to bid out and implement projects. Even with this information, the vendor who bid on the project ignored the tailored sequences and submitted a bid much higher than the estimate.

Reduced bid costs through detailed project specifications
DECREASE IN BID COST

56%

EXTRA AHUS IN BID

30

DECREASE IN PAYBACK

1.3

ANNUAL SAVINGS

$53k

What Did We Do

Due to the many issues with bidding in the industry, bid reviews are included in the Bractlet Simulation(TM) offering. A number of issues with the bid were identified: The bid quoted were for 45 Air Handling Units (AHUs) versus only the 15 AHUs that were part of the scope It included commissioning on each terminal unit that was being programmed, which is not necessary due to features in the Bractlet platform It included point trending, which is not necessary with Bractlet’s software feature set Bractlet sequences proposed ways to program sequences faster than their normal process (using existing data points rather than creating new ones) which was not taken into account in the original bid It included an unnecessary line item for an NAE controller

Results

The result was a 56% decrease in the cost of the bid from $126,029 to $55,786. The property team moved forward with several projects and that are generating $53K per year in savings.

Bractlet provides detailed scopes and sequences for the projects identified and analyzed. Bractlet is uniquely positioned to provide these details based on the creation of both a digital twin and digital energy twin of the building. This equips property teams, with assistance from Bractlet, to negotiate vendors' bids to exclude unnecessary scope and identify where a vendor did not properly review the scope of the project - both of which contribute to bloated bid pricing.

56%

DECREASE IN BID COST

30

EXTRA AHUS IN BID

1.3

DECREASE IN PAYBACK [YEARS]

$53k

ANNUALIZED SAVINGS