What is the reason for valuing the percentage of preliminary and general costs against the tender total in the "at a glance" section?

The reason for valuing the percentage of preliminary and general costs against the tender total in the "at a glance" section is to provide a quick overview of the proportion of these costs in relation to the total cost of the project.

Step 1: Understanding the Components Preliminary and general costs are the expenses that will be incurred during the project but are not directly tied to a specific task or component of the project. These can include costs for site management, insurances, temporary facilities, safety provisions, etc. The tender total is the complete cost of the project as proposed by the contractor.

Step 2: Calculating the Percentage The percentage is calculated by dividing the preliminary and general costs by the tender total and then multiplying by 100. This gives a clear picture of what portion of the total cost is made up by these preliminary and general expenses.

Step 3: Importance of the Percentage This percentage is important as it allows those reviewing the tender to quickly assess how much of the total cost is going towards these necessary but non-specific costs. It can be a point of comparison between different tenders, as a higher percentage could indicate a contractor who plans for a more comprehensive site management or has factored in a higher contingency for unexpected costs.

Step 4: Displaying in "At a Glance" Section By displaying this percentage in the "at a glance" section, it allows for this key piece of information to be quickly and easily accessed, aiding in the decision-making process.