Pricing Database

Every Quote You Ever Got, Working for the Next Bid

Supplier prices kept forever, trends and stale quotes flagged, market prices checked every week.

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A purchaser checking structural steel and rebar at a supplier yard

Item First, Supplier Second

Item Catalogue

Lowest current price, median, number of suppliers and quotes, newest quote and market trend for every item.

Y-bar B500B, per tonneLow 2,640Median 2,710Rising

Ready-mix G40, per m3Low 352Median 365Steady

Example figures.

Never Overwritten

Every price kept with supplier, project and date.

Supplier View

Every supplier merged across projects: latest price, change, low, high and history with a chart.

Stale After 180 Days

Old quotes are flagged before they reach a rate.

AI Estimate Kept Apart

The AI's own prices are recorded under the supplier name AI Estimate, never mixed with real quotes.

Weekly Market Prices, Checked for You

/market-prices checks public sources every week at 08:00 for the materials you monitor, records the current and previous price with source, location and date, and calculates the change.

Quotes in, Approved by You

/update-pricing-database reads the supplier quotations attached to a task, shows every price for you to confirm and records only what you approve. Pricing editors are named by your admin.

aitenderbid.com/app · Bids

Market PricesWeekly, 08:00

Item	Unit	Previous	Current	Change
Y-bar B500B, delivered Klang Valley	t	2,700.00	2,850.00	+5.6%
Ready-mix G40	m3	358.00	365.00	+2.0%
Ready-mix G35	m3	345.00	350.00	+1.4%
BRC A10 fabric	m2	18.50	18.50	0.0%
Aluminium formwork hire, slab soffits	m2	38.50	40.00	+3.9%

trending_up

Steel moved most this week. 2 open bids use Y-bar. Each price keeps its source, location and date, and goes into the Pricing Database history.

2,640Lowest Current

2,710Median

4Suppliers

11Quotes

Supplier A, Klang2,850.0012 days

Supplier B, Shah Alam2,640.0040 days

Supplier C, Rawang2,710.0095 days

Supplier D, Seremban2,560.00Stale, 214 days

AI Estimate2,700.00Kept apart

Basic PricesBasic PricesAllowancesMeasurements

Y-bar B500B supply, per tonne~~2,700.00~~2,850.00

Source: supplier quote, Klang Valley, 12 days oldCurrent

sync

2/14 C reinforcement re-priced: rate 3,691.44 → 3,859.92, amount 1,153,205.86 → 1,205,839.01. Tender total + RM 52,633.15.

Ready-mix G40, per m3365.00

Aluminium formwork, walls, per m236.00

Overheads and profit8%

Market prices, supplier history and basic prices screens: rebuilt from the live product on a sample bid. Figures are examples; the arithmetic is exact.

The Default Rate Library

Public Klang Valley market prices, each with its source and month, so a new account can price on day one. Indicative: confirm with supplier quotes.

Indicative default rates in AiTenderBid. Sources include published Klang Valley supplier and QS price lists, February to July 2026. Your organisation keeps its own version.
Group	Item	Rate	Unit
Concrete supply	Ready-mix G30 / G35 / G40 / G45 / G50 / G55 / G60	335 / 350 / 365 / 385 / 410 / 440 / 475	RM per m3
Concrete placing	Place, vibrate and cure	28	RM per m3
Concrete placing	High-rise pumping, stationary pump and boom	30	RM per m3
Reinforcement	Y-bar B500B supply	2,700	RM per tonne
Reinforcement	Cut, bend and fix, high-rise	550	RM per tonne
Reinforcement	Spacers and chairs	60	RM per tonne
Fabric (BRC)	A6 / A7 / A8 / A9 / A10 supply	8.00 / 10.30 / 12.90 / 15.50 / 18.50	RM per m2
Fabric (BRC)	Fix BRC fabric	2.50	RM per m2
Formwork	Aluminium (Mivan) walls / slab soffits / beams	36 / 40 / 45	RM per m2
Formwork	Timber F2	50	RM per m2
Brickwork	Half-brick 110 mm clay wall	68	RM per m2
Waterproofing	Crystalline admixture	310	RM per m3
Waterproofing	PVC waterstop	32	RM per m
Wastage	Concrete / rebar / BRC laps	3% / 4% / 15%
Markup	Overheads and profit, default	8%

Pricing Database Questions

Are old supplier prices overwritten?

Never. Every price is kept with its supplier, project and date, so you can see each item's full history. Changes to organisation rates are recorded too.

When is a quote considered stale?

After 180 days. The trend compares the median of the newest 180 days with the median of the 180 to 540 days before that.

How do supplier quotations get into the database?

Attach the quotations to a task and run /update-pricing-database. The AI reads them, shows every price for you to confirm, and records only what you approve.

Is the default rate library accurate for my company?

It is a starting point, labelled indicative. The rates are public Klang Valley market prices, each with its source and month. Your organisation copies the library and replaces it with its own rates and supplier quotes over time.

What is the market prices monitor?

A scheduled skill, /market-prices, that checks public sources weekly at 08:00 for the materials you choose to monitor, and records current and previous price, source, location and date, with the change calculated for you.

Price Your Next Tender with an AI Bid Team

Try it on a tender you have already priced: the fastest way to judge it. A demo takes about 30 to 45 minutes.