It is the process of adjustment of the tender price before final tender submission.
Normally tender adjudication is happening in a meeting with company top management.
After preparation of the basic tender estimation, top management take decisions about Overhead and profit related to that tender.
During that meeting they take decisions on company overhead, by considering several factors like;
* market condition and decide profit margin,
*allow for risk,
*allow for price fluctuation if that is not allowed in the tender.
*And make changes to the basic cost by considering construction methods or any other expected discounts and etc.
*Type of client
* Consultant
*Importancy of the project
*Availability of resources
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