1- Experince with similar projects – Through this the contracter know the challenge of the project and risk associted with such kind of project. This made bidding easy for the contracter because he knew how many cost will be incurred in the project and put the bid accordingly. Analysis of the cost and other required material including manpower estimated properly.
2- Size and scope of the job – A bider bid for a project by evaluating the size of the project. Size of the project provided glimpse of how revenue stream will come and how much time will be required to complete the project. Scope of the project helps the bidder to know whether the size and scope of the project is suitable for the contracter or not.
3- Location of the job – Some of the cost associated with project generally depend on the location of the project. Transportation cost, labor cost, other related cost concerned with the location of the job. Availability of manpower and material in the site is also determined from the location.Location of the job helps the contracter to analysed the cost associated with everything and bid accordingly.
4- Safety concerns – Safety of the employees, workers, locality and the environment are more concerned to any contracter while analysing for bidding of a project. All these are cost which the contracter has to borne, so the contracter analysed the safety concern and allocated cost in each of the safety issue. These cost are added in bidding for the project.
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