Plumbing Connection Winter 2016

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8 0 PLUMBING CONNECTION WINTER 2016
Tender Price (break-up) - The tender documents will usually
specify the requirements for how the pricing should be
presented. Normally this will be a ‘total amount including
GST’, but sometimes a client may request a detailed
breakdown of the cost elements to be provided (such as per
service or zone).
Cost Saving Options - There may be areas within the tender
documents that you identify where a more cost effective
solution can be applied. This is an opportunity to present
a cost reduction to the client, reaffirming the confidence
in your understanding of the project and save them a few
bucks.
Tender Documents - Include a list of all the plans,
specifications, reports and addendums that were used to
price the project. Note - ensure to indicate the revision
number and/or dates.
Tender Inclusions - It’s important to list (bullet point) the
project specific elements to convey that you have made
allowances for each of the required works.
Project Assumptions - There may be existing site conditions
that are deemed to be operational and any elements of a
project that are expected to be provided by the principle
contractor.
Tender Exclusions - As per the tender inclusions, it is equally
important to list the elements that are NOT included within
your submission price.
Price Validity - This is a time frame of how long your
tender price will remain firm for. Compiling a professional
tender submission is an important “first impression” that
represents you and your business.
Take the time to ensure you’ve covered all the requested
elements within the documents; after all it’s more than just
submitting a price to a prospective client.
Contact:
Andy Farrell has put a lot of a lot of work into developing
an estimating and management system to make running
a plumbing business as simple as possible. He’s also made
himself available to answer any questions readers might
have on estimating. For a free copy of a Tender Letter
Template - visit
Under Quoting Jobs
Easy to use plumbing
estimating system
One-on-one estimator
training (online)
1050+ Prebuilt plumbing
standard rates
Visit our website or call
0433 228 973
for more information
The Plumbing Pack
“Consistency is the key”
ESTIMATING
ANDY FARRELL