Overview:
This is an introductory level course which places the function performed by construction estimators within the overall context of the tender process.
Aims & Objectives:
To provide delegates with an appreciation and understanding of the importance of effective estimating practice and methodology. This will be coupled with an appreciation of the tendering process as a whole from the issuing of tender documents through to the submission of a competitive bid.
Learning Outcomes:
On completion of this course delegates will:
- have a raised awareness and better understanding of the preparation of unit costs and prices and how the net cost of a tender is compiled
- gain an appreciation of the function of the Board in reviewing and adjudicating
upon a tender prior to its submission
Course Outline:
1) Tendering
- The tender process.
- Relationship of estimating with other disciplines
2) Elements of Cost and Cost calculations for:
- Labour
- Plant
- Materials
- Sub-Contractors.
3) Pricing of Site Overheads
- Staff
- Plant
- Accommodation
- Temporary Works
- Method Related Charges.
4) Sub-Contracts within tenders
- Enquiry documents
- Quotations
- Qualifications
- Attendances.
5) Compilation of the price and the tender adjudication
- Reconciling tender resources.
- The final bid price.
6) Post tender submission - what happens next?
Mode of Delivery:
The training session is run on an interactive basis and incorporates a number of group exercises in addition to elements of PowerPoint presentation.
Benefits Perceived by Participants:
- A raised awareness and understanding of the functions of the estimator and the tender process.
- An understanding of how estimates and unit rates are compiled.
Intended For:
The course is aimed at delegates from all construction disciplines who require an appreciation of the fundamentals of estimating and the wider tender process.
Pre-Course Requirements:
There are no particular pre-course requirements.
