for Pennine Interiors Ltd · order £145,000, tender margin 15.0% · first month: compared with the tender
| This month | Tender | Movement | |
|---|---|---|---|
| Forecast final measure | £145,000 | £145,000 | £0 |
| Recognised change | £0 | £0 | £0 |
| Less deductions / contras | £0 | £0 | £0 |
| Forecast final value | £145,000 | £145,000 | £0 |
| Forecast final cost | £0 | £123,250 | −£123,250 |
| Forecast margin | £145,000 | £21,750 | +£123,250 |
| Forecast margin % | 100.0% | 15.0% | +85.00 pp |
| Against tender | +85.00 pp | ||
| Internal valuation (not cash) | £0 | £0 | £0 |
| Margin to date (valuation less cost to date) | £0 | £0 | £0 |
| Over / (under) measure | £0 | £0 | £0 |
| Accruals as a share of cost to date | 0.0% |
| Head | Budget | Ledger | Accruals | To complete | Forecast final | Moved | Basis |
|---|---|---|---|---|---|---|---|
| Own labour | £40,000 | £0 | £0 | £0 | £0 | −£40,000 | — |
| Labour-only subs | £25,000 | £0 | £0 | £0 | £0 | −£25,000 | — |
| Materials | £40,000 | £0 | £0 | £0 | £0 | −£40,000 | — |
| Plant & access | £7,250 | £0 | £0 | £0 | £0 | −£7,250 | — |
| Sub-subcontract | £5,000 | £0 | £0 | £0 | £0 | −£5,000 | — |
| Site overheads | £6,000 | £0 | £0 | £0 | £0 | −£6,000 | — |
Forecast margin up 85.00 pp on the tender, to 100.0% (+£123,250). Biggest movements: Own labour +£40,000; Materials +£40,000; Labour-only subs +£25,000.
| Forecast final measure | £0 |
| Recognised change | £0 |
| Deductions / contras | £0 |
| Own labour | +£40,000 |
| Labour-only subs | +£25,000 |
| Materials | +£40,000 |
| Plant & access | +£7,250 |
| Sub-subcontract | +£5,000 |
| Site overheads | +£6,000 |
| Total = margin movement | +£123,250 |
Ties out to the margin movement.
No value entered for this month.
Why it matters: A job with no figures for the month carries last month's position forward silently, so the company total is out of date.
What to do: Add the job's value and costs for the month, or pick the right month.
Forecast margin moved +85.00 pp.
Why it matters: Boards distrust a margin that jumps, or one far better than the tender, unless the reason is written down.
What to do: Explain the move in the reasons box before the meeting.
| Our application | £0 |
| Main contractor's gross valuation | £0 |
| Retention held | £0 |
| Deductions accepted | £0 |
| Net due | £0 |
| Paid to date (gross of CIS) | £0 |
| Outstanding | £0 |
| CIS deducted (memo) | £0 |
| The trend starts once there are two month-ends. |