Survey slams 'huge'cost of tendering.
Series: Contract Journal ; 421(6451) 5 November 2003, 4(1)Publication details: 2003Subject(s): Summary: A survey conducted by Reading University has shown that the average cost of construction tendering is 3% of the value of the project with average pre-qualification costs at 1.5%. 2% of turnover is being spent in photocopying and mailing documents. To calculate actual bid costs and contribute to the survey visit the survey site at http://www.constructionmarketingcommunity.com/research.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| News article | London News article | WB3943-01 (Browse shelf(Opens below)) | 1 | Available | 124295-1001 |
A survey conducted by Reading University has shown that the average cost of construction tendering is 3% of the value of the project with average pre-qualification costs at 1.5%. 2% of turnover is being spent in photocopying and mailing documents. To calculate actual bid costs and contribute to the survey visit the survey site at http://www.constructionmarketingcommunity.com/research.