
Reviewing tender documents
Contract documents
Drawings
Technical specification
Geotechnical report
SOQ
Other
Allocation of schedule items
Determine self-performing, external/internal, subcontractors, suppliers & professional services
Explaining the different roles and responsibility of each component
Price request form
Make contact with the subcontractor/supplier in the first instance to ensure they are willing to provide a price
Draft up a cover letter
Draft up an email
Reinforce the importance of the deadline
Tracking submissions
Maintain a log of all sent RFQs and track responses.
Follow up with subcontractors/suppliers who do not respond by the deadline.
Be available to answer any questions or provide additional information.
Schedule meetings or calls if necessary to clarify requirements
Adjudication review
Importance of this process
Reviewing prices
Review their tags and clarifications and seek further confirmation if required
Assess quality and experience
Comparing rates against other subcontractors and your 1st principals
Including exclusions in your comparisons
Final summary & selection
How to do build cost rates with labour plant and materials
Understand the scope
Labour, plant and materials
Productivity's
Building your P&G costs, Risks & contingency’s
Management team
Operating costs
Risks & contingency's
Summarising total tender costs - first draft
Summarise costs
Breakdown cost rates
Review and adjust
Prepare detailed documentation
Prepare documentation
Present to stakeholders
Gate 1 – 1st price review
Review cost build ups
Finalise methodology
Load & unload opportunities
Apply overheads
Gate 2– 2nd price review
Confirming overheads – Regional/Corporate/Other
Determine desired profit margin
Summary load/unload strategy
Apply mark-up percentage
Gate 3– 3rd & final price review
Final tender value
Projected tendered margin and the markups applied
Risk and opportunity's, methodology, likelihood of winning bid
Final sign off and approval
Final Checks
QA
Presenting & formatting
Prepare for submission
Submit the bid
Reset & Prepare
Record & House Keeping
Lessons Learned
Team Appreciation
Prepare as if you were going to do a tender handover with the team when the is successful.
Prepare for Next Tender
Welcome to "Master the Complete Estimating Process - Start to Finish, Step-by-Step Guide with Free, Ready-to-Use Templates" – your ultimate resource for mastering the art of estimating in the civil construction industry!
Whether you're a novice estimator or looking to sharpen your skills, this comprehensive course is designed to guide you through the entire estimating process. You’ll gain valuable insights, practical tools, and expert tips to streamline your workflow and boost your accuracy. By the end of this course, you'll be equipped to complete your own tender with confidence and precision.
What You'll Learn:
Section 1 - Project Overview & Tender Documents:
Understand the essential elements of a project overview.
Learn how to effectively gather and interpret tender documents.
Gain insights into the initial steps of setting up a successful estimate.
Section 2 - Subcontractors & Suppliers:
Discover strategies for selecting and managing subcontractors.
Learn how to source and evaluate suppliers for optimal project outcomes.
Explore techniques for negotiating and securing the best deals.
Section 3 - Cost Rates:
Master the calculation of accurate cost rates for labor, materials, and equipment.
Understand how to incorporate overheads and profit margins into your estimates.
Gain access to free, ready-to-use templates to simplify your calculations.
Section 4 - Collate & Present:
Learn how to effectively collate all elements of your estimate into a coherent presentation.
Discover best practices for presenting your estimate to stakeholders.
Utilize our free templates to enhance the professionalism and clarity of your submissions.
Section 5 - Price Challenge Reviews, Submission & Post Tender:
Prepare for and navigate price challenge reviews with confidence.
Gain insights into the submission process to ensure your tender stands out.
Understand the post-tender phase and how to address feedback and negotiations.
Why Choose This Course?
Step-by-Step Guidance: Follow a structured approach to mastering the entire estimating process from start to finish.
Free Templates: Access a suite of ready-to-use templates designed to streamline your workflow and enhance accuracy.
Expert Insights: Learn from industry professionals with years of experience in civil estimating.
Practical Applications: Gain hands-on experience with real-world examples and exercises.
Who Should Enroll?
Aspiring and novice civil estimators.
Construction professionals looking to improve their estimating skills.
Project managers and engineers involved in the tendering process.
Join me on this educational journey and transform your estimating skills with practical tools, expert guidance, and valuable insights. Enroll today and take the first step towards becoming a master estimator!