Enter Price Submissions
The Tender Price Submissions forms the basis of the Agreed Final Contract when the package is awarded. Activities and elements need to be entered or uploaded as they are to be claimed by the Successful Bidder during delivery.
- Basic Price Submissions can be entered manually on-screen.
- Detailed Price Submissions need to be uploaded via the Import feature.
1. Create a package as you would normally (Click here for how to Create a Tender Package).
2. Go to the Price Submissions tab.
3. Fill in Code, Description, Unit of Measure, Type, Quantity and Rate.
- Item No. - as you add a new row or child the item no. automatically creates. Child rows is up to 5 levels e.g. 001 Heading; 001.001 Sub-Heading; 001.001.001 Element or Activity Name $559443.00.
- Code - if required enter cost code.
- Description - provide a detailed description of the item that requires pricing.
- Unit of Measure - this column is free-type e.g. each, unit, m2, m3, lm, hour, day.
- Type - choose Lump Sum or Schedule of Rates.
- Quantity - enter the number of items required.
- Rate - enter the rate per item.
- Value - this will be calculated automatically e.g. the rate multiplied by the quantity.
5. Continue adding rows or child rows until your Schedule of Rates is completed.
Import via Excel
Schedule of Rates
If configured, there may be a separate tab for the schedule of rates. This is helpful if you have different buildings or areas that require separate pricing. Complete as required.
Price Submissions and Approved Budget Amount
If a package is created via an Approval Form that has a link to a Budget line item them the Price Submission total you enter must match exactly the amount from the Budget line item.
The difference between the Price Submissions total and the Approved Budget amount will be shown in the Variance to Budget field.
