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Six steps can easily control the LED display screen project budget, no matter it is indoor led video wall or outdoor led wall
Step 1: calculate the quantity of work – know well to be prepared
First, ask the engineering party for the bill of quantities, or prepare the bill of quantities according to the site survey
If the bill of quantities is provided in the project bidding document, the bill of quantities shall be checked before the calculation of bidding price. If the bill of quantities is not provided in the bidding document, all quantities must be calculated according to the drawings. If the bidding document specifies the calculation method of the quantities, the calculation shall be carried out according to the specified method.
Only when the calculation is accurate and well-known, can we be prepared and avoid mistakes
Step 2: determine the unit price and calculate the total price
In the bidding quotation, after calculating the quantities of each subdivisional item, it is necessary to determine the unit price of LED electronic screen for each subdivisional item, and fill in the quotation according to the format of the bill of quantities in the bidding document, generally fill in the unit price and the total price according to the contents of the quantities of subdivisional items and the name of the item. When calculating the unit price, all the cost items constituting the divisional and subdivisional works shall be included in it.
Step 3: determine the cost of subcontract works
The project subcontracting cost from the Subcontractor is an important part of the bidding price, sometimes a considerable part of the main contractor’s bidding price comes from the subcontracting project cost. Therefore, it is necessary to have a verified price to measure the subcontractor’s price when preparing the tender price, to be familiar with the scope of subcontract works and to evaluate the subcontractor’s ability.
Step 4: calculate and repeatedly verify profits
Profit refers to the overdue profit of the contractor. The goal of determining the profit value is to consider not only the maximum profit, but also the competitiveness of the bidding price. When bidding, the Contractor shall determine the profit margin of the project according to the market competition.
Step 5: repeatedly review and measure the risk, and confirm the risk fund
The risk fund is an unknown number for the contractor. If the predicted risks do not occur in full, there may be a surplus of the predicted risk fund, which is the surplus together with the profit; if the risk fund is not estimated enough, the profit will subsidize it
When bidding, a reasonable cost ratio shall be determined after the experienced professionals analyze the possible risk factors item by item according to the scale of the project and the actual situation of the project location.
Step 6: determine the bidding price and adjust it in time