Code of Estimating Practice [Paperback]

This code of practice, long established as a leading publication for the construction industry, provides an authoritative guide to essential principles and good practice in estimating for building work. The seventh edition includes new material on estimating strategy, tendering, procedures and best practice, as well as the build-up of unit rates of cost, overheads and profit, and e-commerce.1.0 Introduction; 1.1 Principles  including flow charts (including risk management0. current charts are process-oriented  these should be incorporated into Process Section; 1.2 Processes; 1.3 Contract Types  diagrammatic presentation of contract formats to distinguish between types, application and use; 2.0 Project appreciation; 2.1 Initial Review (24 hr overview of tendering, checking validity and decisions to tender  pre-qualification process).

2.2 Design Review (packaging job and gap analysis, Q&A exercises); 2.3 Site Investigation; 2.4 Clients requirements (method statements, CDM Regulations, selection criteria); 2.5 Project planning and programming (tender programme); 3.0 Procurement; 3.1 External Planning (engaging consultants); 3.2 Internal Planning (design & build, confidentiality re: bill sharing and breaches of tendering regulations); 4.0 Cost estimate; Planning; Preliminaries; Unit rates; Sub-contract prices; Project overheads; Provisional sums; Contractor design; Other approaches  Operational estimating  Analytical estimating; Compliance  Technical  Commercial; 5.0 Tender settlement; Estimators report and risks associated with this; Settlement  anticipated margin and tender figure; Tender submission  Tender strategy and examples  Noncompliant tenders  Alternative tenders  time/cost method - European Union rules and regulations  Clarifications/Qualifications; 6.0 Post-tender activities; Changes; Handover to delivery team; Period for acceptance of tendering; Feedback on tender results/performance; 7.0 Cost planning; Cost planning; Whole llCx