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Bid Comparison Worksheet

Two bids are almost never comparable as written. Enter each builder's numbers line by line, mark anything they left out, set the finish level you actually plan to buy, and the worksheet rebuilds every bid on the same basis — then totals them side by side. Everything saves on this device.

Worksheet setup

Name each bid, enter the heated square footage the builder used, and set your contingency. Price per square foot only means something when the square footage basis matches.

Bid 1
Bid 2

Normalized totals

The cheapest bid as written is often the most expensive once missing scope and real finish levels are added back.

LineBuilder ABuilder B
Bid as written
Missing scope added
Allowance shortfall added
Normalized total
Contingency (12%)
True cost with contingency
Price per heated sq ft
Difference vs lowest normalized
Lines not included / unclear0 / 00 / 0

Line items

Enter each builder's dollar amount. Set status to 'Not included' or 'Unclear' and the worksheet substitutes your own estimate instead of treating it as $0. For allowance lines, your target spend is what you actually intend to buy — any shortfall is added back to that bid.

Preconstruction

ItemYour estimate if missingBuilder ABuilder B
Plans, engineering & stamped drawings
Survey, stake-out & soil test
Permits, impact fees & inspection fees

Site work

ItemYour estimate if missingBuilder ABuilder B
Clearing, grubbing & tree removal
Grading, fill & building pad
Rock / unsuitable soil contingency

Frequently excluded. Ask for a unit price.

Erosion control & silt fence
Driveway (length & surface)

Utilities

ItemYour estimate if missingBuilder ABuilder B
Well or water tap & meter
Septic system or sewer connection
Electric service, trenching & meter
Propane tank or gas line

Shell

ItemYour estimate if missingBuilder ABuilder B
Foundation / slab / crawlspace
Framing, sheathing & trusses
Roofing & dry-in
Windows & exterior doors
Siding, brick or stone

Systems

ItemYour estimate if missingBuilder ABuilder B
Plumbing rough-in & fixtures
Electrical rough-in & devices
HVAC equipment & ductwork
Insulation & air sealing

Interior

ItemYour estimate if missingBuilder ABuilder B
Drywall & paint

Allowances

ItemYour target spendBuilder ABuilder B
Cabinets allowance
Countertops allowance
Flooring allowance
Tile & shower allowance
Lighting & fan allowance
Plumbing fixture allowance
Appliance allowance
Trim, doors & hardware allowance

Exterior

ItemYour estimate if missingBuilder ABuilder B
Porches, decks & concrete flatwork
Gutters & downspouts
Final grade, seed & landscaping
Blinds, mirrors & shelving

Soft costs

ItemYour estimate if missingBuilder ABuilder B
Dumpsters, portable toilet & final clean
Builder's risk insurance
Construction-period interest

Usually the lender's, not the builder's — assign it to someone.

Builder overhead, profit & supervision

Before you pick a bid

Ask every builder these before signing

  • What is specifically excluded from this bid, in writing?
  • Are your allowances material-only or material plus labor and installation?
  • Is the square footage in this bid heated space only, or does it include garage and porches?
  • Is site work priced from an actual site visit, and what happens if you hit rock?
  • Who pays permits, impact fees, inspection fees, survey and soil testing?
  • Is this fixed-price or cost-plus, and is there a guaranteed maximum price?
  • How are change orders priced and approved, and what is your markup?
  • What is your realistic schedule, and who absorbs cost if the build runs long?