Tender Margin & BOQ Pricing Estimator
Build a competitive, profitable bid. Accurately model direct site costs, indirect office overheads, unforeseen contingencies, GST, and net profit margins.
Cost Breakdown Inputs
Filter contracts matching your pricing range.
Frequently Asked Questions
Strategies for bidding profitably without suffering the winner's curse.
What is the difference between markup and profit margin in tender pricing?
Markup is the percentage added to your base direct cost to establish the price, whereas profit margin is the percentage of the final selling price that represents profit. For example, a 15% markup on a ₹100L cost yields a ₹115L bid price, which corresponds to a 13.04% profit margin on revenue.
Why is a risk and contingency allowance essential in BOQ quotes?
Public sector contracts often encounter unforeseen subsoil conditions, weather delays, scope variations, and raw material price escalations (e.g. steel, cement, bitumen). Allocating a 3% to 5% contingency buffer protects the contractor from cost overruns and contract disputes.
What is the danger of "winner’s curse" in bidding?
The winner’s curse occurs when an aggressive contractor wins a tender by underestimating project costs or bidding below true operational expenses. Such projects frequently lead to severe financial distress, cash-flow crunches, penalties, or contract termination.