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Benchmark Estimating Software

Benchmark Estimating Software

Overview

What is Benchmark Estimating Software?

Benchmark Estimating in Redfern offers an Estimating Software package that aims to streamline and simplify estimating processes, and improve the consistency and accuracy of pricing. It is used globally for project types including Asphalt, Civil Construction, Construction, Facilities Maintenance, Landscaping,…

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Benchmark is a comprehensive estimating software that has been widely used in the construction industry for various purposes. Users have …
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Pricing

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What is Benchmark Estimating Software?

Benchmark Estimating in Redfern offers an Estimating Software package that aims to streamline and simplify estimating processes, and improve the consistency and accuracy of pricing. It is used globally for project types including Asphalt, Civil Construction, Construction, Facilities Maintenance,…

Entry-level set up fee?

  • Setup fee optional

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Benchmark Estimating Software?

Benchmark Estimating Software is a construction estimating software boasting over 3,000 users in different industries and in more than 20 countries featuring the ability to apply different methods of estimating depending on the type of Project the user is pricing, and based on industry.


The software is designed to be easy-to-use but powerful enough to support a wide variety of use cases, starting with a customisable welcome screen to manage estimating and provide access to market share data from within one screen. Users can drag-and-drop into an item or routine, and customize drop down fields to display needed information, as well as link resources (e.g. project documents) to the interface via hyperlink. Reports can be generated in the software and exported to Office, or a .pdf file.


The estimating tool supports multiple currencies and allows the user to adjust exchange rates across a bid, as well as maintain supplier price lists from all countries in the database. Designed for authorities responsible for delivering large or complex capital works projects and/or programmes, the solution uses three point estimating techniques and Monte-Carlo simulation to provide users a clearer and more accurate picture of the potential price variation for capital projects.


The tool also includes a number of convenience features, such as its Auto Allocate function that enables users to find the closest matching items by comparing the descriptions of the items in the project and automatically pricing the Items to either a 100% or most suitable match. Items can be broken down by sub items; ideal for crews, assemblies or breaking down items into more detail, enabling users to produce more detailed estimates.


For pricing large Projects with many sites and where there is a similar operation at each site, the tools Power Routines can potentially save hours. Power Routines automate these types of estimates for the users. Library based, Benchmark Estimating is designed to prevent the user re-inventing the wheel, to save time and ensure users don’t leave important costs out of an estimate. Resource requirements are worked out by the software, not the user, so users have flexibility to tailor the Item to suit the Project.


Founded in 1996, Benchmark Estimating Software is headquartered in Australia with an office in the UK. It is privately owned, and part of the MacDonald group of companies.


Benchmark Estimating Software Features

Construction Project & Field Management Features

  • Supported: Plan distribution & viewing
  • Supported: Plan markups & sharing
  • Supported: Document sharing
  • Supported: Issue tracking & punchlists
  • Supported: Photo documentation
  • Supported: Jobsite reports
  • Supported: Collaboration & approvals
  • Supported: As-built drawings
  • Supported: Submittal design and management
  • Supported: Checklists
  • Supported: Specifications

Estimating Features

  • Supported: Takeoff tools
  • Supported: Job costing
  • Supported: Cost databases
  • Supported: Cost calculator
  • Supported: Bid creation

Reporting & Analytics Features

  • Supported: Dashboards
  • Supported: Standard reports
  • Supported: Custom reports
  • Supported: Data exportability

Additional Features

  • Supported: Multi-Currency Project Cost Estimating with Three-Point Estimating
  • Supported: Add Overheads and Contingencies (Risks) on your Project by entering % or lump sum amounts.
  • Supported: Customisable Resources Margin feature help users analyse summary margin data for particular Resources.
  • Supported: Marketing Reports and Graphs, use Revenue Driver to analyse performance by a specific parameter.

Benchmark Estimating Software Screenshots

Screenshot of Marketing DashboardScreenshot of Project BrowserScreenshot of Takeoff Sheet Template

Benchmark Estimating Software Video

Benchmark Estimating Software Product Overview

Benchmark Estimating Software Integrations

Benchmark Estimating Software Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(2)
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Attribute Ratings

Reviews

(1-2 of 2)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Benchmark Estimating Software for all estimates and quotes and also for project management in the construction industy. Progress claims and costs are used in Benchmark.
  • Progress Claims
  • Standard quotes
  • Retention money reminders
  • Interface with a calendar
It's easy to use. If used correctly it can make schedules/quotes very easy to work out. The Progress claim feature can improve, with reminders and an interface with calendar and retentions.
Construction Project & Field Management (1)
50%
5.0
Mobile app
50%
5.0
Estimating (4)
90%
9.0
Job costing
90%
9.0
Cost databases
90%
9.0
Cost calculator
90%
9.0
Bid creation
90%
9.0
Human Resource Management
N/A
N/A
Payroll Management
N/A
N/A
Asset Management
N/A
N/A
Reporting & Analytics
N/A
N/A
  • Benchmark has created standardisation in quotes and tenders.
  • Created standard progress claims.
Benchmark has a simpler setup than PlanSwift and was easy to understand and learn.

The support guys were always helping and sorted out issues we had very quickly.


2
Project management and estimating
1
Prior experience with the product.
  • Quotes
  • Progress claims
  • Cost tracking
  • Variations
  • Would like to use if for retention reminders and take-offs.
Brian D. Salmond | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Benchmark Estimating Software is exactly as the name implies, it's my staple goto for estimating purposes for my clients. I am a sole trader with my own estimating company, I used it in a large organization, with 8 other estimators, I now use it on my own. Benchmark is extremely efficient and keeps your rates and workups available for all users, thus keeping a uniform approach across all.
  • Logical set-out of resources inside standard items in an Item library.
  • Up to date resource rates in an easy to use resource library.
  • I haven't found anything yet. Benchmark is constantly evolving and adding new processes, I believe it keeps up to date with what it's users want.
I have used it for bulk earthworks, for roadworks, stormwater drainage, sewer reticulation, water reticulation, and associated works. It's easy to use a process called subcontractor manager to get multiple sub-contractor prices into your estimate for quick comparison, then pick the one that you really want to use in the estimate. It also has a process called auto allocation which can almost fully automate your estimating process, bringing in Items from the library that match the items in your bid. Haven't found a scenario that it's less appropriate, it all comes down to how detailed you set up your initial item library and resource library.
Construction Project & Field Management (1)
80%
8.0
Mobile app
80%
8.0
Estimating (5)
86%
8.6
Takeoff tools
70%
7.0
Job costing
60%
6.0
Cost databases
100%
10.0
Cost calculator
100%
10.0
Bid creation
100%
10.0
Human Resource Management
N/A
N/A
Payroll Management
N/A
N/A
Asset Management
N/A
N/A
Reporting & Analytics
N/A
N/A
  • Quickly producing an accurate estimate that's easy to follow and review.
  • Easy to use - Easy to change productions or numbers of machines/resources required in an item.
I have always found that Benchmark allows for a more rapid compilation of the estimate through the library system. It can also allow for easy duplication of an estimate for a second stage etc, using the original rates in the resources, or at a click of a button, reverting to updated resources from the library. I have found that other systems rely on a great number of spreadsheet type operations that can easily be changed in the estimate and can lead to errors if copied to another estimate.
The support staff are friendly and usually get back with an answer to any problems within a day, and problems that can be sorted by a quick phone call are easily dealt with. Customisation to an extent is also a feature of the support structure. Screenshots and an email usually are the quickest way to detail what's needed.
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