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Nexus Tenders | Miscellaneous Workings - September 2022

Nexus Tenders | Miscellaneous Workings - September 2022

RE: Nexus Tenders | Miscellaneous Workings - September 2022
(04 Mar 2022, 5:32 pm)Rob44 wrote Do any of the bus companies may money from these service.  This sound like a stupid question but say they tender it for 100000 for the year and win the tender would they be looking to make it run for say 90k to make 10 k profit. Or would they look at the bottom line of say 90K and say that ther minimum we could run it for and tender at that price hoping to win it?  Or would they even tender it and make a loss to maybe dip a toe into another groups area?

Looking at some of the winning prices in the past, I am surprised that the winning operator has broken even never mind generating a profit, but I'd be very surprised if operators didn't bid for work with a margin in mind.

That being said, I'd also be surprised if their margin was as high as your example for secured work, but I'd say it's more that it's guaranteed income with very little variance.
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RE: Nexus Tenders | Miscellaneous Workings - September 2022