Buyout

Nothing awarded goes unbought

Buyout is the gap between winning the job and having every trade under contract. The risk is scope that nobody owns — awarded in the estimate but never written into a subcontract. PreConstruct tracks what is bought and what is still open.

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PreConstruct Buyout tab on a sample project listing scope items with bid-sheet amount, buyout amount, delta, category and status columns.

Bought vs open, by line

How it works

1Bring the awarded scope across from the bid.
2Assign each item to a subcontractor.
3Track which items are contracted and which are still open.
4Watch the buyout total against the estimate as the job moves.

What you get

Awarded scope carried through instead of retyped
Bought versus open visible by division
Bulk editing for items that move together
Buyout total tracked against the estimate

Common questions

What is construction buyout?

Buyout is the process of turning the scope you estimated into signed subcontracts and purchase orders after the job is won.

How do I find scope nobody has been assigned?

Items without a subcontractor show as open, grouped by division.

Does buyout connect to the estimate?

Yes. Awarded scope carries through so the buyout total can be compared against what was estimated.

Can I edit many items at once?

Yes. Items can be selected and edited or removed in bulk.

See it on one of your own bids

We will walk through the platform using a project like the ones you bid, not a canned sample.