Guessing your tender price is losing you bids. Here’s how to price a job you can stand behind.

There’s a trap every contractor knows. Price the job too high and you lose it to someone cheaper. Price it too low and you win it, then bleed money for the next six months. Somewhere in the middle is the right number, and when you’re pricing off gut feel, you’re guessing where that middle is.

Guessing works until it doesn’t. You win a run of jobs on instinct and think you’ve got the knack, then one comes in that eats you alive, and you realise the last few were luck as much as judgement.

Why gut-feel pricing goes wrong

Your instinct is built on the jobs you’ve done before. The trouble is no two jobs price the same. A different site, a different spec, a change in material prices, and the rate you carried in your head last year is out.

When you guess, you’re really doing two risky things at once. You’re guessing the quantities, how much of everything the job actually needs, and you’re guessing the rates, what each of those things costs today. Get either wrong and your number’s wrong, and you won’t know until it’s too late to change it.

That’s how good contractors lose bids they should have won, and win jobs they’d have been better off losing.

Measured quantities and proper rates, not a hunch

The way out is to stop guessing both halves. Measure the job properly and price it on real rates.

We measure every element off your drawings, so the quantities are actual measured quantities, not a rough idea of how much you’ll need. Then we price it on real UK rates that reflect what the work costs now, not a number from a job three years ago.

You end up with a tender price that’s built from the job in front of you, line by line. It’s competitive because it’s accurate, not because you’ve shaved it and hoped. And it’s a number you can stand behind when the client asks how you got to it.

Bid with confidence, win the right jobs

This is what a proper construction estimate does for you. You go into the tender knowing your number is real. You’re not the outfit that’s too high and never hears back, and you’re not the one that wins on a price that turns out to be a loss.

You win the jobs that are worth winning, at a price that leaves you your margin.

Stop guessing

Next time you’re about to price a job on instinct, don’t. Send us the drawings, we measure it and price it properly, and you bid from a number you can trust.

Send your drawings for a fixed fee quote, agreed before we start. See a sample estimate to see the kind of breakdown you’d be bidding from.

Facebook
Twitter
Email
Print