If you are a general contractor just starting out, you are going to try to get any job that you can so that you can grow your business and increase your reputation. One of the things that you are going to need to do in order to get those jobs is to go through a bidding process.
When you place a bid on a job, instead of trying to come up with the highest bid, you are going to want to place the lowest bid. There's a fine line you need to walk when you are dealing with this. You need to place the lowest bid that meets all the criteria of the job specs, but one that also lets you profit from the job. Taking a loss on the job helps no one. Also if you way underbid and set it so that you aren't getting any profit from the job, people aren't going to value your work, so coming up with the right bid is really important. There are a lot of things that you can take advantage of when it comes time to write up a bid.
One of the tools that you can use in order to get the right bid for the job is electrical estimator software. With the software, you punch in all the variables of the job, and you can get a good idea as to what your bid should be. The nice thing about using software like this is that you are going to be able to tweak things as necessary. Those tweaks will let you adjust how many workers you are going to use, as well as which specialists and how many of them you are going to use. For example, you may need to have electricians in order to do all the electrical work instead of a general laborer who has electrical experience. The software will let you estimate how many electricians you are going to need as well as how much it is going to cost in order to have all those electricians on your job site. Without that information, you can't come up with a bid that will both attract the eye of the potential client and make sure that you are going to make a profit.
The bidding process is important for any general contractor. You need to make sure that you take advantage of any tool possible in order to make the right bid.