State what factors need to be considered when tendering an


(a) State what factors need to be considered when tendering an estimate for a contract.

(b) Before tendering as a contractor supplying materials and equipment specified by the client, state briefly some checks that should be made prior to compiling the tender in order to determine any contract clauses, contingencies or unforeseen circumstances that may affect future profits.

 

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Financial Management: State what factors need to be considered when tendering an
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