General

Pricing Strategy for Tenders

Quick answer

Pricing strategy balances win price, margin, and abnormally low risk. Model whole-life cost if the ITT scores it.

Last updated: 18 May 2026

Models

Fixed price, T&M caps, indexation, and volume bands each shift risk. Match insurance and bonding.

Common questions

What is Pricing Strategy Tenders?

Pricing strategy for public tenders balances competitiveness, margin, risk transfer, and abnormally low tender risk within the buyer's pricing model.

Is this still current after February 2025?

Yes under the Procurement Act 2023.

Related glossary terms

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Built on official UK procurement sources