TENDER PRICING
Why the lowest tender rate is not always the strongest
A competitive rate must still allow for labour productivity, equipment, waste, risk and realistic market conditions.
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A competitive rate must still allow for labour productivity, equipment, waste, risk and realistic market conditions.
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Ignoring overheads and indirect effort can make apparently profitable work unsustainable.
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Lead times, quality, payment terms and delivery reliability can significantly change total value.
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