Read tender document
Upload your Tender Document as it came to you: zip, Word, Excel, PDF or text, and you can upload multiple files together. Tamim unpacks the compressed files himself, reads everything inside, then extracts items, quantities, financial conditions and risks.
| File | Type | Status |
|---|
Tender Statements and Financial Conditions
It is automatically filled in from the tender document, and you can modify any number.
Contractual risk
Conditions that have a financial impact on you. Add what you know from your experience with the entity.
Bill of Quantities and Unit Cost
Per item: Direct unit cost in dinars, broken down into materials, labor, equipment and subcontractors. The “Sale Price” column is what you type in the Bill of Quantities when you submit, and it speaks automatically.
| # | Item | Price Source | Unit | Quantity | Materials | Employment | Equipment | Substance | Unit cost | Total cost | Sale price per unit | Total sale | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | |||||||||||||
Price your library first (supplyers, then actual cost of executed projects, then previous bid prices), and only a smart estimate for an item for which there is no reference. Each item shows its source and reference, and a lower and higher range for the estimated item. Change “Price Source” to “Supplier Offer” when you enter a price from an actual offer.
The Power of Evidence Behind Price
Monthly Site Expenses
Beats in execution duration. Any delay automatically lifts it in sensitivity analysis.
| Item | Monthly (KD) | All the time. | |
|---|---|---|---|
| Total |
Finance, collateral and margins
Calculation method: Costs are distributed over months with a realistic execution curve (slow to start and end), payment certificates are paid after the specified period less retentions and recovery of advance payment, half retentions are released on initial delivery and half after maintenance. The financing cost is calculated on the negative balance monthly, then the price is recalculated until it stabilizes.
Building the bid price
| Component | Amount (KD) | From the price |
|---|
Cash Flow and Funding Need
What if?
Profit margin is actual if it is provided at the calculated price and then the following occurs:
| Scenario | Margin | Profit (KD) |
|---|
Examination of the decision
The Administration's "Memorial"
A written opinion that combines numbers and risks: decision, most important risks, points of inquiry and negotiation before submission.
Foreword
Price Library
These are the “evidence” from which Tamim is quoted. The more you add suppliers’ offers and schedules of quantities from your projects, the closer the price will be to the truth, and it will appear next to each reference item from which it was taken.
- Modern interior supplier or contractor offer: The strongest evidence.
- Actual cost of an implemented project: of the project accounts after implementation.
- Sell price at a previous bid: Estimated profit and expenses are deducted.
- Smart Appreciation: When there is no reference, it appears in a lower and higher range.