Masterworks Estimation & Bidding
Build accurate cost estimates and award contracts with complete transparency
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What is Masterworks Estimation & Bidding?
- Build cost estimates that hold up against volatile market conditions
- Run competitive, compliant procurements that attract qualified contractors
- Award every contract with a defensible, documented record
Benefits of Masterworks Estimation & Bidding
Key features of Masterworks Estimation & Bidding
Integrate seamlessly across multiple platforms

Integrate seamlessly across multiple platforms

Is Masterworks Estimation & Bidding for you?

Estimating engineers and cost managers
Procurement officers and contracts managers

Trusted by 300+ customers | Grounded in 20+ years of capital program expertise
Nevada DOT
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Frequently asked questions
What does Estimation & Bidding actually cover?
The full pre-award lifecycle from engineers’ cost estimates and bid item definition through bid advertisement, contractor submissions, tabulation, evaluation, and contract award in one governed, auditable system.
How does historical unit price data improve estimates?
Estimating engineers can search unit prices from past estimates, awarded contracts, and bid submissions to benchmark every line item against real market data, reducing the gap between estimates and actual bid prices.
How is this different from AASHTOWare Project?
AASHTOWare Project is the long-standing system many DOTs use for estimating and letting, and it does that job well. The difference is connection and experience: Masterworks handles estimating, bidding, and award in one modern platform and carries the awarded contract, items, quantities, and cost baseline, straight into construction, with no re-keying and no siloed hand-offs between preconstruction and delivery. You also get historical pricing intelligence to sharpen every estimate and audit-ready, protest-ready documentation behind each award.
How does it support contract award decisions?
Automated bid tabulation, side-by-side bid-to-estimate comparison, and regression analysis produce a clear, data-backed award recommendation with complete documentation, ready for oversight bodies, auditors, and formal bid protests.
Does it connect to Construction Project Management?
Contract items and the cost baseline established at award flow directly into Masterworks CPM, no re-keying, no misalignment, and no delays between procurement and construction execution.






