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Last edited 06 Oct 2020
|The sum added to a cost estimate, following the settlement meeting, to arrive at a tender sum. Mark-up will include margin, allowances for exceptional risks, and adjustments for commercial matters such as financial charges, cash-flow, opportunities (scope) and competition. There may be a requirement for the main contractor’s discount when tendering as a sub-contractor and value added tax when required in the tender instruction.|
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 Related articles on Designing Buildings Wiki
- Approximate quantities cost plan.
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- Chartered Institute of Building.
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- Cost consultant.
- Cost control.
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- Cost plans for construction projects.
- Elemental cost plan
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- Main contractor’s discount.
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