New code of estimating practice /

The essential, authoritative guide to providing accurate, systematic, and reliable estimating for construction projects--newly revised.

Bibliographic Details
Corporate Author:	Chartered Institute of Building (Great Britain)
Other Authors:	Flanagan, Roger (Contributor), Jewell, Carol (Contributor)
Format:	eBook
Language:	English
Published:	Hoboken, NJ : Wiley, [2018]
Subjects:	Building > Estimates > Standards > Great Britain. Construction industry > Standards > Great Britain.
Online Access:	Connect to the full text of this electronic book

Table of Contents:

Machine generated contents note: Section One Principles
the theory and background
1.Introduction
1.1.An imprecise science
1.2.Data, information, and knowledge In estimating
1.3.Experience, Instinct, gut feel, intuition and bias
1.4.Optimism bias
2.The Fundamentals
2.1.Tender and bid
2.2.Pricing
2.3.Profitability
2.4.Types of tender
2.5.Tender award
2.6.The difference between procurement and tendering
2.7.Methods of procurement
3.Changes driving estimating practice
3.1.Digitisation
3.2.E-Tendering
3.3.Legislation and taxation
3.4.Bureaucracy
3.5.Competition and winning work
3.6.Specialisation
3.7.New technologies and off-site production
3.8.New methods of procurement
3.9.Best value
4.The bid process
4.1.Work breakdown structure
4.2.Underlying principles
5.Health and safety
5.1.Introduction
5.2.Estimating the cost of health and safety
6.The pre-qualification process
6.1.Introduction
Note continued: 6.2.Bidding for public sector projects
7.Procurement, selection, contractual arrangements and legal issues
7.1.Methods of procurement
7.2.Two-stage tendering
7.3.Framework agreements
7.4.Concession contracts
7.5.Engineer Procure Construct (EPC)
7.6.Prime contracting
7.7.Early contractor involvement (ECI)
7.8.Integrated Project Delivery (IPD)
7.9.Selection processes
7.10.Integrated design and construction
7.11.E-procurement
7.12.E-auctions
7.13.Abnormally low tenders
8.Preliminaries
8.1.Site establishment
8.2.Insurances, bonds and so on
8.3.Site records
8.4.Fees and charges
8.5.Compliance
8.6.Environmental management
8.7.Wastewater treatment system
8.8.Waste management
8.9.Waste disposal, sorting and storage
8.10.Setting out
8.11.Control and protection
8.12.Completion and post-completion requirements
8.13.Contingencies
8.14.Management and staff
9.Temporary Works
Note continued: 9.1.Introduction
9.2.Temporary works management
9.3.Temporary works co-ordinator (TWC)
9.4.Temporary works supervisor
9.5.Temporary works register
9.6.Temporary works design brief
9.7.Scaffolding
9.8.Falsework
9.9.Formwork
9.10.Earthworks
9.11.Temporary services
9.12.Facade retention
9.13.Structures
design and loading
9.14.Plant foundations
9.15.Protection on-site
9.16.Traffic management
9.17.Temporary access for vehicles and pedestrians
9.18.Barriers for pedestrians and vehicles
9.19.Haul roads
9.20.Works associated with any ordnance uncovered
9.21.Signage
9.22.Protection of adjacent properties
10.Cost-estimating techniques
10.1.Approximate quantities
10.2.Cost planning
11.Private finance initiative/public-private partnerships/build, operate and transfer, and whole-life costing
12.Risk management
12.1.Background
12.2.Risk analysis
12.3.Cost estimating accuracy
Note continued: 13.Logistics
13.1.Materials logistics plan
13.2.Materials management
13.3.Personnel management and health and safety
13.4.Plant, tools and equipment
maintenance and management
13.5.Transportation
13.6.Traffic management
14.Resource and production planning
14.1.Planning techniques
14.2.Resource planning
14.3.Time
its perception and impact on the estimating process
15.Computer-aided cost estimating
16.BIM and the estimating process
16.1.Overview
16.2.The challenges of using BIM in the estimating process
Section Two Processes
the practice
1.Consider and assess
1.1.Receive preliminary enquiry
1.2.Consider order backlog/new orders
1.3.Decision to tender (bid or no bid)
1.4.Project information, schedule and questionnaire
1.5.Consider client and consultant team and project delivery availability
1.6.Assessment criteria
lowest price/quality and so on
1.7.The likely competition
Note continued: 2.Information and time planning
2.1.Works specialty/works contractor enquiries
2.2.The bid team
2.3.Produce bid timetable/strategy
2.4.Examine documents
contract, design, bonds, warranties and insurance
2.5.Site visit
utilities, ground conditions, adjacent properties and so on
2.6.Method statement/logistics plan
3.Contract terms and conditions
3.1.Special employer requirements and modifications to standard clauses
4.Resource planning and pricing
4.1.Pricing the works
4.2.Establish unit rates
labour and plant
4.3.Establish unit rates
labour, materials and plant
4.4.Labour cost issues
a summary
4.5.Build-up unit rates
4.6.Gang sizes for activities
4.7.Allocation of costs
4.8.All-in rates for plant and equipment
4.9.Select materials and specialty contractors' quotations
4.10.Specialty contractor quotations
4.11.Provisional sums
defined and undefined
Note continued: 4.12.Incorporating provisional sums in an estimate
4.13.Daywork
4.14.Pricing the preliminaries
4.15.Add allowances
5.Prepare estimator's report
6.Examine and consider
6.1.Examine preliminaries
6.2.Requests for further information
6.3.Examine method and tender programme
6.4.Examine resource costs
6.5.Consider the competition for the project in the market
6.6.Consider cash flow and capital requirements for the project
7.Bld assembly and adjudication
7.1.Finalise the pricing
7.2.Bid adjudication/final review
7.3.Qualification of any special items of tender
8.Pre-production planning and processes
8.1.Develop a detailed method statement
8.2.Develop production planning schedule
8.3.Allocate resources
8.4.Obtain licences and so on from local authority and utilities organisation
8.5.Ordering of long lead-time materials, plant and equipment
Note continued: 8.6.Request for further information from consultants and specialty contractors
8.7.Pre-production schedule prior to work commencement
8.8.Check conditions of contract award
9.Site production
9.1.Pricing change and variation orders
9.2.Appointment of specialist contractors
9.3.Estimating and pricing contractual claims
9.4.Production of final account
9.5.Cost
value reconciliation.