for Hallam Build Ltd · order £480,000, tender margin 14.0% · first month: compared with the tender
| This month | Tender | Movement | |
|---|---|---|---|
| Forecast final measure | £480,000 | £480,000 | £0 |
| Recognised change | £0 | £0 | £0 |
| Less deductions / contras | £0 | £0 | £0 |
| Forecast final value | £480,000 | £480,000 | £0 |
| Forecast final cost | £412,800 | £412,800 | £0 |
| Forecast margin | £67,200 | £67,200 | £0 |
| Forecast margin % | 14.0% | 14.0% | 0.00 pp |
| Against tender | 0.00 pp | ||
| Internal valuation (not cash) | £95,000 | £0 | +£95,000 |
| Margin to date (valuation less cost to date) | £8,800 | £0 | +£8,800 |
| Over / (under) measure | £3,000 | £0 | +£3,000 |
| Accruals as a share of cost to date | 0.0% |
| Head | Budget | Ledger | Accruals | To complete | Forecast final | Moved | Basis |
|---|---|---|---|---|---|---|---|
| Own labour | £150,000 | £32,000 | £0 | £118,000 | £150,000 | £0 | Days x rate lazy |
| Labour-only subs | £90,000 | £18,000 | £0 | £72,000 | £90,000 | £0 | Order +/- variations lazy |
| Materials | £120,000 | £26,000 | £0 | £94,000 | £120,000 | £0 | Remeasure x current rates lazy |
| Plant & access | £22,800 | £6,000 | £0 | £16,800 | £22,800 | £0 | Time-related lazy |
| Sub-subcontract | £15,000 | £0 | £0 | £15,000 | £15,000 | £0 | Order +/- variations lazy |
| Site overheads | £15,000 | £4,200 | £0 | £10,800 | £15,000 | £0 | Time-related lazy |
The forecast margin is unchanged from the tender at 14.0%.
| Forecast final measure | £0 |
| Recognised change | £0 |
| Deductions / contras | £0 |
| Own labour | £0 |
| Labour-only subs | £0 |
| Materials | £0 |
| Plant & access | £0 |
| Sub-subcontract | £0 |
| Site overheads | £0 |
| Total = margin movement | £0 |
Ties out to the margin movement.
Own labour, Labour-only subs, Materials, Plant & access, Sub-subcontract, Site overheads.
Why it matters: That isn't a forecast: it assumes the rest of the job goes exactly to budget, which hides overruns until the end.
What to do: Rebuild cost to complete from the work left to do.
| Our application | £98,000 |
| Main contractor's gross valuation | £92,000 |
| Retention held | £4,600 |
| Deductions accepted | £0 |
| Net due | £87,400 |
| Paid to date (gross of CIS) | £70,000 |
| Outstanding | £17,400 |
| CIS deducted (memo) | £6,300 |
| Jun 2026 | 14.0% | £67,200 |