Unit of competency Outline

Date retreived
22/07/2026 10:31 PM AWST

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Prepare estimates, quotes and tenders

Prepare estimates, quotes and tenders

Unit of competency
National Code
AHCBUS515
State Code
OBK29
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
21/10/2019
View on TGA
State Implementation and Classification
Approved Date
28/01/2020
Field of Education
080101 - Accounting
Original Release Date
28/01/2020
Nominal Hours
80
Description
This unit of competency describes the skills and knowledge required to prepare estimates, quotes and tenders for project-based work.This unit applies to individuals who take personal responsibility and exercise autonomy in undertaking complex work. At this level, workers analyse information and exercise judgement to complete a range of advanced skilled activities when preparing estimates, quotes and tenders.All work must be carried out to comply with organisational requirements, work health and safety legislation and codes and in consultation with the management team.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Carry out preliminary planning activities for estimating, quoting and tendering
  • 1.1 Identify nature and scope of the project in consultation with the client
  • 1.2 Confirm format, specifications and deadline for submission with the client
  • 1.3 Interpret available relevant documentation
  • 1.4 Inspect project site and reconcile with scaled drawings, project and other site plans
2. Determine resource requirements
  • 2.1 Interpret and record detailed project information and financial requirements from client specifications
  • 2.2 Identify and estimate size, type and quantity of required project resources
  • 2.3 Identify and evaluate sources for the procurement of suitable project resources
  • 2.4 Calculate the size, type and quantity of resource items
  • 2.5 Calculate and document unit and total cost for resource items
  • 2.6 Determine risks and document contingencies
  • 2.7 Record calculations on a price summary sheet
3. Prepare schedules for the estimate, quote or tender
  • 3.1 Document works schedule according to client specifications
  • 3.2 Document scheduling of resources consistent with the requirements of the works schedule
  • 3.3 Document scheduling of financial requirements
4. Prepare and document the estimate, quote or tender for submission to the client
  • 4.1 Calculate and check estimate, quote or tender price
  • 4.2 Compile costed summaries and works, resource and financial schedules
  • 4.3 Adhere to quality assurance requirements, enterprise customer service procedures, conventional formatting and industry standards in the development of documentation
  • 4.4 Complete and submit total estimate, quotation or tender by the specified date
  • 4.5 Provide further information and make adjustments according to client requirements
No information
No information
Replaces
State Code National Code Title Type
BAM67 AHCBUS504 Prepare estimates, quotes and tenders Unit of competency
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