Work Stage 4.5 - Tender Review

Once we receive the prices on the due date from the Contractor, they are
submitted to you.

 
Hopefully the tenders will come back within the estimated budget, but it is not
unknown for tenders to come in higher than budget.

 
If a Quantity Surveyor has been employed for this work stage, they will check and
compare the tender/quotation price for any discrepancies. They will also make
sure the Builder hasn’t missed anything and that their price for each section of
work is what the Q.S would expect. The Q.S will then submit a comparison table
and recommendations to you. On small projects where there is no Q.S, the client
will usually have a meeting with the Builder and agree the works.