- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 02 Sep 2020
Tender pricing document
The tender pricing document sets out the way in which the design team and client wish to review the breakdown of the overall tender prices provided by tendering contractors. It is effectively an unpriced bill of quantities.
It generally follows the format of the cost plan that has been developed at this stage (the pre-tender estimate), however, the preliminaries, particularly staff costs, may be broken down in more detail.
The objective of the tender pricing document is to:
- Enable like-for-like comparison between tenders and the cost plan (pre-tender estimate).
- Enable the cost consultant to assess where value lies within the different tenders (such as foundations or finishes) allowing assessment of value for money.
- Identify any significant differences in pricing between tenderers to ensure the design has been correctly interpreted.
- Identify areas of savings that might be negotiated with tenderers while still in competition.
- Form the financial basis of the tender report.
See also: Tender price appraisal.
 Related articles on Designing Buildings Wiki
- Approximate quantities cost plan.
- Bills of quantities.
- Cash flow.
- Contract sum.
- Contract sum analysis.
- Cost consultant.
- Cost plan.
- Elemental cost plan.
- Initial cost appraisals.
- New Rules of Measurement.
- Pre-tender estimate.
- Spon's Price Book.
- Tender cost.
- Tender documentation.
- Tender price appraisal.
- Types of bill of quantities.
- Without quantities.
Featured articles and news
Brick slip soffit systems and intricate brick features.
How to write them and what they should include.
Designing Buildings Wiki becomes the world's first website to adopt the new knowledge standard.
Assessing the most beneficial design elements.
Exploring different types of vinyl flooring.
New Government task force will build beauty into reformed planning process.
Five outstanding aspects of the profession.
The seismic strengthening of historic churches.
Results show guarded optimism and payment concerns.
Noteworthy navigable aqueducts.
Technology is making remote work a reality.
Carefully placed structures add drama to pastoral vistas.