TENDERING PRACTICE LAB
Make the quotes comparable
Compare the two lowest bids, using a third quote as the scope benchmark.
On site
Check the estimate against the work
Illustrative scene. Use the lesson figures and records for measurements.
Compare supplier quotes
Supplier A is a fully scoped benchmark. Normalise the two lower bids by adding their known exclusions, then choose the lowest comparable price. Ignore tax and programme differences for this exercise.
Supplier A
£245,000.00Includes all defined scope. No adjustment.
Supplier B
£228,000.00Excludes testing: 8,000 and temporary works: 12,000.
Supplier C
£214,000.00Excludes testing: 8,000, temporary works: 12,000 and disposal: 12,000.