Comparative Statement Generator for Bid Opening
Optional. Leave it as is if you only want the ranking.
Name, then a comma, then the amount. Paste straight out of the bid opening summary.
- L1 amount
- ₹89,75,000
- Against estimate
- -10.25%
- Field size
- 4 bidders
- Spread, L1 to highest
- ₹11,45,000
Price order is not award order. L1 still has to clear technical evaluation, and a bid far below the field usually attracts a demand for rate justification. This tool ranks what you type; it does not read a bid opening summary for you.
| Rank | Bidder | Quoted | Above L1 | Vs estimate |
|---|---|---|---|---|
| L1 | Mahavir Engineers | ₹89,75,000 | - | -10.25% |
| L2 | Shreeji Infra | ₹91,50,000 | +1.95% | -8.50% |
| L3 | Balaji Constructions | ₹94,20,000 | +4.96% | -5.80% |
| L4 | Krishna Buildcon | ₹1,01,20,000 | +12.76% | 1.20% |
Everything here is computed in your browser. Nothing you type is sent to a server, stored, or logged. Figures shown as defaults are starting points, not fixed rates: read the actual percentages from your notice or contract.
How this is worked out
Ranking is on quoted price alone, which is what a comparative statement is. It is not the award order. L1 still has to clear technical evaluation, and in a QCBS tender price is only one weighted component.
The gap between L1 and L2 is the number worth reading. A field bunched inside two per cent means the market has priced the work the same way you have. A gap of fifteen per cent usually means someone has read the scope differently, and it is worth finding out who is wrong before you celebrate or despair.
Variance against the estimate tells you whether the department estimated well. A whole field sitting well above estimate is a common prelude to a retender at a revised estimate, which is useful to know before you plan capacity around a win.
This ranks what you type. It does not read a bid opening summary for you and it does not know about conditional or discounted offers, which have to be resolved into a single comparable figure before they belong in this table.
Frequently asked questions
What is a comparative statement in tender evaluation?
A table listing every responsive bid with its quoted amount, ranked lowest to highest, usually with the variation against the estimated cost and the gap from L1. It is prepared after financial bids are opened and forms part of the recommendation put up for approval of award.
Does L1 always win the tender?
Not always. L1 is the lowest priced responsive bid, and it wins in a pure L1 evaluation provided it clears technical evaluation and, where the price is far below estimate, provided the rates are justified to the department’s satisfaction. In QCBS the award goes to the best combined technical and financial score, so L1 on price frequently does not win.
What does the gap between L1 and L2 tell you?
How well the field understood the work. A tight spread means everyone priced the same scope and risk. A wide gap usually means one bidder read something differently: an excluded item, a different assumption about lead distance, or a misread of the defect liability obligation. If you are L1 by a wide margin, re-read the scope before you sign.