Tender/Bid Analysis for Construction Bidding
In Construction Bidding, bids received by the project owners are checked for veracity, errors and ‘freak rates’, before being compared to the items. The lowest rates are highlighted; all the calculations are cross-checked and finally, all the prices are totaled and bidders arranged in the ascending order. The lowest bidder among this list is at the top, and is colloquially called L1.
At The AEC Associates, we prepare a thoroughly researched report of all the bids received and send you the final results to take your call.