Can you afford to lose time and money by not using a Bill of Materials?
Bill of Materials Template + Free Tender Assessment Comparison Template + Free Progress Payment Certificate Template
A Bill of Materials (BOM) enables you to compare “apples with apples” effectively. When faced with countless details, it helps you quickly identify who offers competitive value and who does not.
If you’re looking for the best value for money without compromising on quality, a BOM is an essential tool for your decision-making process.
Tendering a project to several suppliers or sub-contractors can get complicated. You need to determine who not only has the best price, but also who has the capability and skills to perform the job accurately and professionally on time.
When you request quotes from sub-contractors or suppliers, the best way to do this is to use a Bill of Materials. This is a detailed list of each item or service required to fulfil their scope.
If you don’t itemize the materials and services and ask each supplier to price accordingly, when you receive prices back it will be impossible to determine who has the best price.
A Bill of Materials allows you to make an informed decision about who the best and most competitive supplier is.
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