Estimating and Tendering: Principles and Practice
CIOB’s Code of Estimating Practice is the industry standard when it comes to the procedures and practice that can assist organisations in pricing work and bid preparation. Knowing how to apply it in practice will give you the edge in bidding and tendering.
The course focuses on the application principles and practices of estimating and tendering. It covers the whole estimating process, starting with the factors affecting the decision to tender, leading on to detailed consideration of how to compile an estimate, including discussion of preliminaries, sub-contract enquiries, contract terms before turning to the finalisation of a bid and post tender activities. Full consideration is given to cost estimating techniques and planning.
Additionally, it will help you understand how estimating requirements have changed in recent years and enhances your knowledge on modern procurement and tendering, including the use of computers and Building Information Modelling.
In summary, you will walk away with the tools and skills to be innovative and creative in the way you address estimating, bidding and tendering work, and will be better able to produce successful bids and tenders.
This course has been designed for main contractors, sub-contractors and specialist alike. It is relevant for all those who are involved with the procurement and management of projects, working on all types and sizes of building, civil engineering, infrastructure and maintenance projects in both the public and private sectors. This includes Construction Managers, Commercial Managers, Business Development Managers, Quantity Surveyors, Project Managers, Estimators, Contract Managers, Project Planners and procurement staff.
By the end of this course, you will be able to:
- Assess the pros and cons of various procurement methods and selection processes
- Identify changing client expectations and current practices, and factors affecting the decision to tender
- Manage the preparation of preliminaries, tender programmes and method statements
- Manage the estimating process including reference to contract terms and conditions
- Manage the processes involved in the finalisation of the bid
- Complete all post tender activities
Introduction to Estimating
- Estimating and tendering
- The bid process
- Risk management
- Alternative methods
- Health and safety
- Temporary works
- Method statements
- Cost planning
Logistics and Planning
The Estimating Process
- Decision to tender
- Sub-contractor enquiries
- Site visit
- Pricing preliminaries
Contract Terms and Conditions
- Contractual issues
The Estimator’s Report
Bid Assembly and Adjudication
- Overheads and profit
- Presentation and submission
Post Tender Activities
- Post tender negotiations and award
- Action with a successful tender
John Parry MSc, MBA, DipProjMan, MRICS, MCIArb, MCIOB
John is a director of Rogerson Parry Ltd, a practice providing consultancy services in construction law, project and business management. He has over 40-years of experience in the construction industry, working as a contractor, developer and consultant in the UK and overseas.
John is very interested in helping individuals and organisations to grow and prefers conflict avoidance to dispute resolution. His training interests’ reflect his wide-ranging work experiences.