01. Definition
A first-principles pricing approach that builds a cost model by aggregating the individual costs of every labour hour, license, and material required for delivery.
Usage in Methodology
"Bottom-up estimation provides the internal cost baseline required to ensure we never bid below a sustainable margin."
02. Related Insights
Continuous Intelligence
View All BriefingsRelated Operational Briefings
Procurement Act 2023Jul 28, 2026
MEAT to MAT: How to Win with the Most Advantageous Tender
A tactical bidding guide to transitioning from MEAT to MAT under the UK Procurement Act 2023, leveraging non-price criteria, social value, and evaluation flexibility.
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Strategy & PTWMar 23, 2025
How to Calculate Your PWin Score (Formula)
A step-by-step guide to calculating Probability of Win (PWin) for public sector bids, featuring formulas and illustrative examples.
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Strategy & PTWApr 11, 2025
Optimised Bid Pricing: High-Velocity Estimation
Leveraging Top-Down, Bottom-Up, and Parametric modelling to engineer winning price points in blind bidding environments.
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