Author name: James Hill

Tender vs Bid in Construction: Key Differences

A tender is the formal process and documentation requesting prices and method statements, while a bid is your priced offer submitted in response to that tender. In UK construction, clients issue a tender (RFP/ITT) and contractors submit a bid that is evaluated on price and quality. Typical SME bid-preparation costs run £500 to £4,000 per

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Building Cost Calculator

Use this Building Cost Calculator UK guide to price typical home projects quickly, with clear assumptions, per m² rates, and example allowances you can copy into your brief. For a standard single storey rear extension in England at Q4 2025, most homeowners budget £2,000 to £3,000 per m² incl VAT for a complete build, excluding

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Types of Capital for Construction Businesses

In October 2025, the most effective types of capital for construction businesses are a mix of revolving working capital (overdrafts, invoice finance), asset-backed facilities (hire purchase/lease), and short term trade credit augmented by the British Business Bank’s Growth Guarantee Scheme—chosen by tolerance for personal guarantees, speed, and true all-in cost. Expect typical pricing ranges of

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Top 10 Tips for Precise Construction Measurements

In Q4 2025, the fastest way to achieve precise construction measurements is to control datums, use the right instrument for the tolerance, verify daily (two-tape/backsight checks), and document methods so results are repeatable and auditable. For a small site or domestic project, budget £120–£450 inc VAT for measurement gear and checks (calibrated tape, laser distance

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