Titlebook: Estimating, Tendering and Bidding for Construction Work; Adrian J. Smith Textbook 1995Latest edition Macmillan Publishers Limited 1995 com

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https://doi.org/10.1007/978-1-349-13630-8computer; construction; construction management; contract; environment; industry; management; planning; risk

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The Estimating Process,ractors, with price usually playing a major part in the selection of the contractor eventually chosen to carry out the work. Contractors therefore need some reliable method of forecasting prices, and therefore likely costs, for future construction work.

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Estimating Techniques Using Historical Cost Data,ns, to complex analytical estimating techniques at the other. The particular technique chosen in each case, and the degree of accuracy of the resulting prediction, will depend to a very large extent on the amount and quality of information about the proposed building which is available at the time.

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Operational Estimating,tion generated by the pre-contract planning process, and that, in the interests of accurate estimating, estimators may wish to price some parcels of work as a whole package rather than as a series of separate items. This method is termed operational estimating. One common example might be earthworks

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Pricing Preliminaries,inaries section provides a high-level overview of the project, including a description of the project and the site and details of the conditions of contract to be used, but the preliminaries will also include a considerable amount of more detailed information about specific issues. Information cover