Lecture
Tendering and awarding contracts: faster, smarter, and more precise with AI
- at -
- Type: Lecture
Lecture description
For most companies, tendering and awarding contracts are still manual processes. Weeks of comparing bids and incomplete data cost time and money. The presentation shows the use of artificial intelligence in the construction industry with a focus on precise pricing and automated service specifications. By combining AI-supported analysis with Europe's largest construction database, it demonstrates how market prices can be efficiently forecast and tendering processes automated and optimized. The focus is on improving calculations, standardizing item texts, and reducing costs. In addition, the development of the Cosuno Price Assistant will be presented, which provides current market prices for informed decisions and makes the entire tendering process significantly more efficient.
