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 | £123,250 | £123,250 | £0 |
| Forecast margin | £21,750 | £21,750 | £0 |
| Forecast margin % | 15.0% | 15.0% | 0.00 pp |
| Against tender | 0.00 pp | ||
| Internal valuation (not cash) | £30,500 | £0 | +£30,500 |
| Margin to date (valuation less cost to date) | £5,800 | £0 | +£5,800 |
| Over / (under) measure | £1,000 | £0 | +£1,000 |
| Accruals as a share of cost to date | 0.0% |
| Head | Budget | Ledger | Accruals | To complete | Forecast final | Moved | Basis |
|---|---|---|---|---|---|---|---|
| Own labour | £40,000 | £8,000 | £0 | £32,000 | £40,000 | £0 | Days x rate lazy |
| Labour-only subs | £25,000 | £5,000 | £0 | £20,000 | £25,000 | £0 | Order +/- variations lazy |
| Materials | £40,000 | £9,000 | £0 | £31,000 | £40,000 | £0 | Remeasure x current rates lazy |
| Plant & access | £7,250 | £1,500 | £0 | £5,750 | £7,250 | £0 | Time-related lazy |
| Sub-subcontract | £5,000 | £0 | £0 | £5,000 | £5,000 | £0 | Order +/- variations lazy |
| Site overheads | £6,000 | £1,200 | £0 | £4,800 | £6,000 | £0 | Time-related lazy |
The forecast margin is unchanged from the tender at 15.0%.
| 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 | £30,000 |
| Main contractor's gross valuation | £29,500 |
| Retention held | £1,475 |
| Deductions accepted | £0 |
| Net due | £28,025 |
| Paid to date (gross of CIS) | £0 |
| Outstanding | £28,025 |
| CIS deducted (memo) | £0 |
| Aug 2026 | 15.0% | £21,750 |