For Buyers and Sellers of Building Materials, Tools and Equipment
SpecBid is a powerful, simple to use web based platform designed to improve your purchasing process. save time and money with our industry specific workflow. the platform can be used as a stand alone system or integrate with your existing software.
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Real time interaction. Not over the phone, or in the form of emails or faxes. But a web based, cloud accessible exchange where buyers and sellers can get right down to business.
- multiple suppliers compete for your business
- COmpare line item and total price
- make smarter purchasing decisions
Developed by Professionals for Professionals
Facilities and Maintenance
Facilities and Maintenance
Frequently Asked Questions
What is SpecBid ?
SpecBid is an online marketplace focusing on the construction and building supply industry. Our proprietary platform simplifies the current inefficient process of bidding on and purchasing building materials, tools and equipment by allowing buyers and sellers to interact in real time.
How does it work ?
When a buyer posts a spec, that data is processed and sent to active SpecBid verified sellers (suppliers) with all purchasing requirements. Returned bids appear in your dashboard. Notifications via email and text alert buyer and seller of all activity.
Does pricing appear instantly ?
Pricing appears as soon as a supplier(s) submits a bid. SpecBid processes instantly and delivers to your SpecBid dashboard.
What does real time mean ?
Specs, bids, and messages are processed and delivered immediately to buyer and supplier.
Is there a fee ?
SpecBid collects a 1% processing fee of the total transaction. That is paid by the supplier. Additional features are available for a low monthly subscription.
Is this a blind bid system ?
No. Buyers will be able to see exactly which suppliers have quoted their material list. Suppliers WILL NOT see their competitor’s quotes. Premium memberships will have the option of choosing which sellers they would like to receive quotes from. Premium subscribers will have access to upgrades designed to provide more direct interaction with active sellers.
How is this different from the estimating software I currently use ?
Unlike anything on the market currently, SpecBid allows buyers and sellers to interact in real time. Up to minute pricing on materials is a click away. In the ever-changing commodity market, this is especially beneficial. Buyers will receive multiple quotes from sellers in their area reflecting current industry pricing. Not averaged out pricing over the last 6 months which often has changed dramatically by the time it’s received.