Budget benchmarks
Compare each tender against category medians and recent awards. This helps you avoid underpriced or inflated bids.
- Use award history to calibrate pricing.
- Compare against regional spend patterns.
Value vs. effort
Pricing is not just a number. It must align with delivery effort, compliance cost, and risk exposure.
Build at least two scenarios: baseline and aggressive.
Risk signals
Look for warning signs: unusually tight deadlines, missing scope details, or contradictory addenda.
Document the risks and keep leadership in the loop before final pricing.