Cost of tendering: Adding cost without value

Uncertainty about the cost of tendering has led to research being conducted to understand the cost of tendering within the Australian construction industry. This has involved reviewing work done in Australia and overseas as well as exploring the efforts within the construction industry to collect cost of tendering information. While there is currently awareness of the cost of tendering and that efforts should be taken to minimise this cost, there is little precise understanding of it in terms of value or how it happens. This paper explores the barriers to understanding the cost of tendering.