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Bid Costing & Pricing Essentials

SMCS-3269

Course Code

5 Days

Duration

4

Upcoming Dates

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Sector Name

Sales, Marketing and Customer Service

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01 Nov 2026 | 05 Nov 2026
Riyadh, KSA
$4,250
Limited Seats
05 Apr 2027 | 09 Apr 2027
Istanbul, Turkey
$4,950
Upcoming
24 May 2027 | 28 May 2027
Online, Virtual
$2,150
Upcoming
09 Aug 2027 | 13 Aug 2027
Dubai, UAE
$4,250
Upcoming

Course Introduction

Effective bid pricing requires a structured understanding of costs, margins, and pricing strategies. This program provides participants with foundational knowledge and practical techniques to calculate costs accurately, structure competitive prices, and ensure profitability in bidding processes. It equips professionals with the essential tools needed to prepare financially sound and compliant bid submissions.

 

Training Course Methodology

 

The training course is designed to be interactive and participatory, and includes various learning tools to enable the participants to operate effectively and efficiently in a multifunctional environment. The course will use lectures and presentations, exercises, experiential and exposure to real world problems and policy choices confronting delegates.

Course Objectives

  • Understand the fundamentals of costing and pricing in bid environments.
  • Identify direct, indirect, and overhead cost components.
  • Calculate cost structures accurately for different types of bids.
  • Apply basic pricing strategies to maintain competitiveness and profitability.
  • Ensure pricing compliance with tender requirements.