Worked post-tender example

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For the purposes of the worked example is based on a new build office building pre-let to a single tenant. Lowest tender  £25,000,000     Post-tender negotiations   Firmed up provisional sums                (£75,000)     Variations due to further site investigations   Contaminated soil; EO cost of removal of   Hazardous excavated material (2,500m3 @ £250) £625,000     Client/tenant modifications   Revised entrance fit out £50,000 Omit fit out...