Cost Estimating and Contract Pricing

Cost Estimating and Contract Pricing PDF Author: Gregory A. Garrett
Publisher: Wolters Kluwer
ISBN: 0808018191
Category : Law
Languages : en
Pages : 306

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Book Description
The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems

Cost Estimating and Contract Pricing

Cost Estimating and Contract Pricing PDF Author: Gregory A. Garrett
Publisher: Wolters Kluwer
ISBN: 0808018191
Category : Law
Languages : en
Pages : 306

Get Book Here

Book Description
The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems

Estimating Building Costs for the Residential and Light Commercial Construction Professional

Estimating Building Costs for the Residential and Light Commercial Construction Professional PDF Author: Wayne J. Del Pico
Publisher: John Wiley & Sons
ISBN: 1118243544
Category : Technology & Engineering
Languages : en
Pages : 616

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Book Description
How to succeed in the construction business step-by-step guidelines for estimating To be competitive, contractors and homebuilders need to know how to generate complete, accurate estimates for labor and material costs. This book guides readers through the entire estimating process, explaining in detail how to put together a reliable estimate that can be used not only for budgeting, but also for developing a schedule, managing a project, dealing with contingencies, and ultimately making a profit. Completely revised and updated to reflect the new CSI MasterFormat 2010TM system, the Second Edition of this practical guide describes estimating techniques for each building system and how to apply them according to the latest industry standards. Cost considerations and quantity takeoff and pricing are included for virtually every type of work found in residential and light commercial projects, from demolition, concrete, and masonry to windows and doors, siding, roofing, mechanical and electrical systems, finish work, and site construction. Complete with many new graphics and references to professional construction cost databases, the new edition provides experienced contractors and novices alike with essential information on: How to correctly interpret plans and specifications, reflecting updates to contract documents since the first edition Computer estimating techniques and new estimating software for performing quantity takeoff The best methods for conceptual estimating as well as the extremely useful topic of parametric estimating How to allocate the right amounts for profit and contingencies, and other hard-to-find professional guidance How a unit price estimate is built along with labor issues and budgeting for subcontractor work

Estimating and Tendering for Construction Work

Estimating and Tendering for Construction Work PDF Author: Martin Brook
Publisher: Routledge
ISBN: 1317561732
Category : Technology & Engineering
Languages : en
Pages : 349

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Book Description
Estimators need to understand the consequences of entering into a contract, often defined by complex conditions and documents, as well as to appreciate the technical requirements of the project. Estimating and Tendering for Construction Work, 5th edition, explains the job of the estimator through every stage, from early cost studies to the creation of budgets for successful tenders. This new edition reflects recent developments in the field and covers: new tendering and procurement methods the move from basic estimating to cost-planning and the greater emphasis placed on partnering and collaborative working the New Rules of Measurement (NRM1 and 2), and examines ways in which practicing estimators are implementing the guidance emerging technologies such as BIM (Building Information Modelling) and estimating systems which can interact with 3D design models With the majority of projects procured using design-and-build contracts, this edition explains the contractor’s role in setting costs, and design statements, to inform and control the development of a project’s design. Clearly-written and illustrated with examples, notes and technical documentation, this book is ideal for students on construction-related courses at HNC/HND and Degree levels. It is also an important source for associated professions and estimators at the outset of their careers.

Building Construction Estimating

Building Construction Estimating PDF Author: Stephen D. Schuette
Publisher: McGraw-Hill Companies
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 378

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Book Description
Building Construction Estimating furnishes readers with specific details on how a general building contractor derives the cost of a project before it begins, and how the estimate fits into the total construction process. The book provides coverage of such areas as determining labor productivity and wages, selecting equipment and assigning productivity rates and costs, acquiring specialty contractor prices, and assigning overhead costs and profit. The material is presented from the point of view of a general contractor working on a competitively bid stipulated-sum (lump-sum) contract. However, other contract methods and the effects they have on the estimating process are also discussed. Furthermore, the principles of estimating for the specialty trades are discussed from the reference of a general building contractor, and how the subcontractor's bid will affect the total project cost is presented. Of special note is the book's introduction and utilization of computers in the estimating process - enabling readers to utilize new technology in an effective and efficient manner. The book is organized in a way that first teaches the reader to perform many of the estimating activities manually, then guides them in developing a computer spreadsheet. The use of spreadsheets empowers the reader to go beyond the manual calculations and develop new and more proficient solutions to estimating problems.

Construction Cost Estimating

Construction Cost Estimating PDF Author: Len Holm
Publisher: Routledge
ISBN: 1000345130
Category : Technology & Engineering
Languages : en
Pages : 426

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Book Description
Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.

Project Management for Construction

Project Management for Construction PDF Author: Chris Hendrickson
Publisher: Chris Hendrickson
ISBN: 0137312660
Category : Construction industry
Languages : en
Pages : 425

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Book Description


Cost Estimator's Reference Manual

Cost Estimator's Reference Manual PDF Author: Rodney D. Stewart
Publisher: John Wiley & Sons
ISBN: 9780471305101
Category : Business & Economics
Languages : en
Pages : 744

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Book Description
In today's hypercompetitive global marketplace, accurate costestimating is crucial to bottom-line results. Nowhere is this moreevident than in the design and development of new products andservices. Among managing engineers responsible for developingrealistic cost estimates for new product designs, the number-onesource of information and guidance has been the Cost Estimator'sReference Manual. Comprehensive, authoritative, and practical, the Manual instructsreaders in the full range of cost estimating techniques andprocedures currently used in the fields of development, testing,manufacturing, production, construction, software, generalservices, government contracting, engineering services, scientificprojects, and proposal preparation. The authors clearly explain howto go about gathering the data essential to preparing a realisticestimate of costs and guide the reader step by step through eachprocedure. This new Second Edition incorporates a decade of progress in themethods, procedures, and strategies of cost estimating. All thematerial has been updated and five new chapters have been added toreflect the most recent information on such increasingly importanttopics as activity-based costing, software estimating,design-to-cost techniques, and cost implications of new concurrentengineering and systems engineering approaches to projects. Indispensable to virtually anyone whose work requires accurate costestimates, the Cost Estimator's Reference Manual will be especiallyvaluable to engineers, estimators, accountants, and contractors ofproducts, projects, processes, and services to both government andindustry. The essential ready-reference for the techniques, methods, andprocedures of cost estimating COST ESTIMATOR'S REFERENCE MANUAL Second Edition Indispensable for anyone who depends on accurate cost estimates forengineering projects, the Cost Estimator's Reference Manual guidesthe user through both the basic and more sophisticated aspects ofthe estimating process. Authoritative and comprehensive, the Manualseamlessly integrates the many functions--accounting, financial,statistical, and management--of modern cost estimating practice.Its broad coverage includes estimating procedures applied to suchareas as: * Production * Software * Development * General services * Testing * Government contracting * Manufacturing * Engineering * Proposal preparation * Scientific projects * Construction This updated and expanded Second Edition incorporates all the mostimportant recent developments in cost estimating, such asactivity-based costing, software estimating, design-to-costtechniques, computer-aided estimating tools, concurrentengineering, and life cycle costing. For engineers, estimators, accountants, planners, and others whoare involved in the cost aspects of projects, the Cost Estimator'sReference Manual is an invaluable information source that will payfor itself many times over.

Contract Pricing Reference Guides

Contract Pricing Reference Guides PDF Author: Wolters Kluwer
Publisher: CCH
ISBN: 9781454880714
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This new, single-volume resource provides the most complete guidance available for analyzing the cost and pricing aspects of federal government contracts--so you can propose and negotiate appropriate prices and win contracts. The practical Contract Pricing Reference Guide reference combines five manuals into a single source, covering: Price Analysis Quantitative Techniques for Contract Pricing Cost Analysis Advanced Issues in Contract Pricing And Federal Contract Negotiation Techniques Determine the Proper Pricing to Win Government Business Throughout these pages, you will find highly detailed explanations of how the government evaluates proposals, arrives at pricing, chooses contractors, and awards contracts. With Contract Pricing Reference Guide, you can more confidently: Conduct market research for price analysis Employ proven techniques of quantitative price analysis Propose a fair and appropriate price Confidently engage in sealed bidding Include only what's allowable in the price Employ the most effective, competitive pricing strategies And engage in effective contract negotiations The One-of-a-Kind, Time-Saving Pricing Resource The all-new Contract Pricing Reference Guide provides a road-map for how to set correct pricing and engage in the competitive bidding process. It is a practical business tool to help you acquire government contract business--and it brings all the most valuable pricing information together in an easy-access, single-volume resource that puts everything you need literally right in front of you. No other resource delivers all of this together in one place, making it the most convenient way to obtain the most vital information on pricing government contracts.

Introduction to Estimating for Construction

Introduction to Estimating for Construction PDF Author: Brian Greenhalgh
Publisher: Routledge
ISBN: 1136164006
Category : Technology & Engineering
Languages : en
Pages : 207

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Book Description
Students and professionals encountering estimating for the first time need an approachable introduction to its principles and techniques, which is up to date with current practice. Introduction to Estimating for Construction explains both the traditional techniques, and best practice in early contractor involvement situations, within the framework of modern construction procurement. As well as introducing different estimating techniques, it includes: The nature of costs in construction from a cost of resources approach Modern tendering procedures and the stages of development of construction projects How to convert an estimate into a formal tender and then into a contract Simple numerical examples of estimates Estimating and cost analysis during the construction project Summaries and discussion questions in every chapter This is an easy to read introduction to building estimating for undergraduate students, or anyone working in a quantity surveying or construction commercial management role who needs a quick reference.

Guide to Contract Pricing

Guide to Contract Pricing PDF Author: John E. Murphy
Publisher: Berrett-Koehler Publishers
ISBN: 1523096861
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
Perform Contracting Successfully! This master reference — in its fifth edition — contains everything you need to know about government pricing rules and regulations in one easy-to-use volume.Guide to Contract Pricing: Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies, Fifth Edition, explains how the government conducts business and walks you through every step of the contracting process. This fully updated edition includes a new chapter on the role of auditors in contract pricing as well as five new detailed appendices. You'll be able to: + Master the steps of the sealed bid process + Improve your skills at evaluating bids, proposals, and quotations + Perfect your ability to analyze direct and indirect labor costs + Improve your chances for securing a fair and reasonable price