The job of the estimator is explained in detail at every key stage, from early cost studies, through the preparation of the estimate, to the creation of budgets for successful tenders. Each step is illustrated with examples and notes, and appropriate technical documentation. Over recent years there have been significant developments in construction management, notably new procurement methods, greater emphasis on innovation and partnering, a greater reliance on cost planning as a methodology, and new developments in both industry and governmental reports and guidance. This new and updated edition of a well-established textbook addresses each of these developments in turn, placing them firmly in the context of a thorough and easy to understand introduction to the roles of the estimator in preparing and winning tenders. Practical approach to estimating from the contractor's point of view Fully up-to-date with new procurement methods Many examples of estimators' notes and documents Contents......Page 6 Preface......Page 10 Acknowledgements......Page 13 List of figures......Page 14 Abbreviations used in the text......Page 17 1 Organization of the estimating function......Page 20 Introduction......Page 29 Clients' needs......Page 30 Contractor involvement......Page 31 Partnering......Page 32 Apportionment of risk......Page 33 Traditional method......Page 35 Design and build......Page 36 Management contracting......Page 38 Construction management......Page 40 Private finance initiative......Page 41 Essentials of a valid construction contract......Page 53 Standard forms of contract......Page 55 Sub-contract forms......Page 57 Comparison of forms......Page 62 Selection of contract forms......Page 63 Introduction......Page 65 Coordinated project information......Page 66 CPI and the estimator......Page 74 Documents used as the basis of a tender......Page 77 Formal tender documents......Page 80 Introduction......Page 85 Single-rate approximate estimating......Page 89 Multiple-rate approximate estimating......Page 90 Approximate quantities......Page 92 Analytical estimating......Page 97 Operational estimating......Page 101 Introduction......Page 104 Competition and negotiation......Page 105 Abuse of tendering procedures......Page 109 Decision to tender......Page 111 Inspection of tender documents......Page 114 Competition legislation......Page 115 Estimate timetable......Page 119 The estimating team......Page 122 Visits to consultants and site......Page 126 Introduction......Page 128 Enquiries for materials......Page 130 Enquiries to sub-contractors......Page 132 The role of the planning engineer......Page 136 Method statements......Page 137 Tender programmes......Page 138 Labour rates......Page 144 Material rates......Page 147 Plant rates......Page 149 Components of a rate......Page 151 Pricing notes......Page 153 Model rate and pricing examples......Page 154 Domestic sub-contractors......Page 195 Nominated sub-contractors......Page 202 Nominated suppliers......Page 203 Introduction......Page 204 Standard fluctuations clauses......Page 205 Calculation of non-recoverable increases......Page 207 Provisional sums for defined work......Page 211 Dayworks......Page 212 Overheads and profit......Page 215 Pricing project overheads......Page 218 Pricing the preliminaries bill......Page 221 Example of project overheads......Page 235 Cashflow calculations......Page 236 Example of a contractor's cashflow forecast......Page 238 Completing the estimate......Page 246 Comments on Estimate Analysis form......Page 248 Comments on Tender Summary form......Page 253 Risks and opportunities......Page 254 Overheads and profit......Page 256 Introduction......Page 259 Completion of priced bills......Page 260 Tender presentation......Page 262 Vetting of tenders......Page 264 Post-tender negotiations and award......Page 265 Tendering performance and analysis of results......Page 266 Bidding strategy......Page 270 Information transfer......Page 273 Feedback......Page 275 Introduction......Page 279 Aims of computer-aided estimating......Page 280 Software......Page 281 Electronic exchange of information......Page 282 Reverse auctions......Page 284 Computer-aided estimating packages......Page 286 General purpose software......Page 290 Hardware......Page 299 Networking......Page 302 Implementation......Page 304 The future......Page 305 Further reading......Page 310 B......Page 314 C......Page 315 E......Page 318 F......Page 319 I......Page 320 M......Page 321 N......Page 322 P......Page 323 R......Page 325 S......Page 326 T......Page 327 W......Page 329
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 explains the job of the estimator through every key stage, from early cost studies to the creation of budgets for successful tenders.
This new edition reflects recent developments in the field such as new tendering and procurement methods; the move from basic estimating to cost-planning and the greater emphasis placed on partnering and collaborative working. It also includes changes to pricing, rates, terminology and technology to bring the book completely up-to date.
Clearly-written and illustrated with examples, notes and technical documentation the book is ideal for students on construction-related courses needing to understand these essential processes or professionals beginning in industry.
• Covers every key stage from early cost studies to completing the tender estimate
• Illustrated with examples, notes and technical documentation
• Ideal for students studying estimating and tendering as part of a construction related course
Audience: Students studying construction and associated disciplines in the UK and Europe. Professionals in construction and construction related areas working with UK organizations.
"Over recent years there have been significant developments in construction management, notably new procurement methods, greater emphasis on innovation and partnering, a greater reliance on cost planning as a methodology, and new developments in both industry and governmental reports and guidance." "This new and updated edition of well-established textbook addresses each of these developments in turn, placing them firmly in the context of a thorough and easy-to-understand introduction to the roles of the estimator in preparing and winning tenders."--Jacket
