Building confidence. Protecting value. Restoring control.
Shadow bidding is an innovative procurement approach that combines TacminMadini’s expertise in first-principle costing with the active involvement of local contractors, particularly in emerging markets. This approach goes beyond traditional cost estimation by providing a detailed, transparent view of project expenses, benchmarking them against industry standards, and empowering local contractors to align with international best practices. TacminMadini’s shadow bidding solution has been successfully applied in various mining projects across emerging countries, enhancing cost competitiveness, building capacity, and fostering sustainable local partnerships.