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      How to view the cost summary of a product

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      How to view the cost summary of a product

      Once a product has been priced, you can view a summary of the pricing by clicking the price total for the product in the rate build up.

      The summary shows:

      • The name of the product.
      • The price (Cost plus OHP) for the product at the point of tender (Lump sum assessments only).
      • The total cost of materials  required to deliver one unit of the product.
      • The cost of any waste % applied to the  materials for the product.
      • The cost of any inflation % applied to the product.
      • The cost of the labour required to deliver one unit of the product.
      • The cost of any contingency added to the product.
      • The total cost price (Ex OHP) for the product.
      • The value of any overhead % added to the product.
      • The value of any profit % added to the product. (Profit % is added onto the cost plus overhead total).
      • The total unadjusted price your client will be charged.

      If adjustments are added to a product

      • The value of any % undisclosed adjustments made to the product.
      • The value of any % disclosed adjustments made to the product.
      • The total adjusted price your client will be charged.

      If the onsite quantities have been changed from their original tender values on a lump sum assessment, additional information will be shown at the bottom of the window.

      This is a lump sum assessment and the total quantity of this product has been adjusted from its tendered quantity. To maintain the lump sum revenue value, the live rate has been adjusted accordingly. Outgoing applications will still be based on the tendered rates and quantities.

      If adjustments have been used on an assessment, additional information will be shown at the bottom of the window. 

      Example: The effect of adjustments applied to this product require the disclosed pre-adjustment price & OHP to be £172.46 per m (Metres) (28.39% mark up on cost)

      The applied undisclosed adjustment in price to the product requires the client disclosed preadjusted price to be increased so that the final disclosed price correctly reflects the % applied via the disclosed adjustment. 

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