Tendering & Bid Management for Quantity Surveyors: Procurement, Cost Estimation & Risk

Training Express Ltd

• Tendering & Bid Management for Quantity Surveyors: Cost Estimation & Risk 1:18:19

  • 1: Module 1 Introduction to Tendering and Bid Management 14:15
  • 2: Module 2 Procurement Methods and Tender Documentation 13:20
  • 3: Module 3 Preparing and Evaluating Tenders 14:43
  • 4: Module 4 Cost Estimation, Bid Strategies, and Risk Management 19:04
  • 5: Module 5 Tender Planning, Method Statements, and Post-Tender Activities 15:57
  • 6: Get your Free CPD Certificate 01:00

The Tendering & Bid Management for Quantity Surveyors: Procurement, Cost Estimation & Risk course provides a clear understanding of how tenders are prepared, submitted, and evaluated within the construction sector. Tendering is a critical stage in project delivery, helping organisations secure work while managing costs and risks effectively.

This course is ideal for quantity surveyors, estimators, procurement staff, and construction professionals who need to strengthen their understanding of bid preparation and contract procurement. It addresses common challenges such as inaccurate pricing, poor risk allocation, and unclear tender documentation, which can lead to financial loss or project delays.

The course covers procurement routes, tender documentation, cost estimation methods, pricing strategies, and risk management techniques. Learners will explore BOQs, method statements, market testing, and post-tender processes such as clarifications and mobilisation. By completing this course, participants will be able to contribute to more accurate bids, improved procurement decisions, and stronger project outcomes.

Course Curriculum :

• Module 1: Introduction to Tendering and Bid Management
• Overview of Tendering in Construction Projects
• Definition and Significance of Tendering
• Key Stages in the Tendering Process
• Common Challenges in Tendering
• Roles and Responsibilities of Quantity Surveyors in Tendering
• Liaison With Design and Client Teams
• Preparing Cost Plans and Estimates
• Monitoring Compliance With Contract Terms
• Types of Tenders and Procurement Methods
• Open, Selective, and Negotiated Tendering
• Framework Agreements and Long-Term Partnerships
• The Bidding Process
• Prequalification Questionnaires (PQQs)
• Invitation to Tender (ITT) and Responding Effectively
• Evaluating and Shortlisting Bidders
• Module 2: Procurement Methods and Tender Documentation
• Procurement Paths
• Traditional, Design and Build, and Management Contracting
• Collaborative Procurement Models, Including Alliancing
• Deciding Factors for Selecting Procurement Strategies
• Apportionment of Risk in Contracts
• Risk Transfer in Contracts
• Balancing Risks Between Client and Contractor
• Formal Tender Documentation
• Detailed Breakdown of Key Contract Documents
• Standard Forms of Contracts
• Essentials of a Valid Construction Contract
• Core Components
• Contractual Obligations and Performance Standards
• Common Legal Clauses
• Module 3: Preparing and Evaluating Tenders
• Components of Tender Documents
• Accurate Bills of Quantities (BOQs) and Their Preparation
• Detailed Technical Specifications
• Drawings and Schedules in Tender Packages
• Key Considerations in Preparing Tender Documentation
• Mitigating Ambiguities in Scope and Pricing
• Collaboration With Consultants and Stakeholders
• Pricing Strategy and Schedules
• Developing Competitive Yet Sustainable Pricing Models
• Preparing Cost Breakdowns and Preliminary Costings
• Incorporating Contingencies and Overheads
• Tender Evaluation Methods
• Price-Quality Scoring Models
• Benchmarking Bids Against Industry Norms
• Detailed Analysis of Contractor Competence and Capability
• Module 4: Cost Estimation, Bid Strategies, and Risk Management
• Principles of Cost Estimation for Tenders​
• Key Methods: Elemental Cost Planning, Unit Rate, and Comparative Costing
• Incorporating Life-Cycle Costing
• Adjustments for Inflation and Market Trends
• Competitive Pricing Strategies and Market Testing
• Balancing Competitiveness With Profitability
• Early Contractor Involvement and Market Engagement
• High-Level Risk Assessments and Risk Management
• Identifying Risks Specific to Tendering
• Mitigating Financial, Technical, and Operational Risks
• Building Risk Contingencies Into Tender Pricing
• Tools and Software for Cost Estimation and Bid Management
• Overview of Leading Platforms
• Integrating Digital Workflows Into Cost Management
• Automating Repetitive Tender Tasks
• Case Study: Transforming Cost Estimation and Bid Management at a Construction Firm
• Module 5: Tender Planning, Method Statements, and Post-Tender Activities
• Tender Planning and Method Statements
• Structuring Method Statements for Clarity and Detail
• Linking Tender Planning to Project Execution
• Lean Construction Principles in Tendering
• Logistical Planning for Tender Programs
• Detailed Site Logistics Planning
• Supply Chain Management During Tender Stages
• Building Information Modelling (BIM) for Tender Planning
• BIM’s Role in Visualising Project Phasing
• 4D and 5D BIM Applications in Tendering
• Post-Tender Activities
• Managing Post-Tender Clarifications
• Contract Award, Mobilisation, and Handover Processes
• Reviewing Tender Performance for Continuous Improvement

Our course is fully CPD-accredited, providing you with up-to-date skills and knowledge and helping you to become more competent and effective in your chosen field.

Once you’ve completed your course, you will immediately be sent a FREE CPD-accredited digital certificate, titled: Tendering & Bid Management for Quantity Surveyors: Procurement, Cost Estimation & Risk. You will also get a FREE hardcopy certificate (Shipping cost £5.99).

This certificate does not have a fixed expiration date. However, in accordance with industry best practice guidelines, it is recommended that the certification be renewed every 3 years.

• Quantity surveyors involved in tender preparation and cost planning
• Estimators preparing bids for construction projects
• Procurement staff managing contractor selection processes
• Project managers overseeing tender and contract stages
• Construction professionals seeking procurement and risk knowledge

• Quantity Surveyor
• Assistant Quantity Surveyor
• Estimator
• Bid Manager
• Procurement Coordinator
• Commercial Manager
• Cost Consultant

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