MARKET ANALYSIS TO DETERMINE THE ESTIMATED COST OF THE PROJECT AND ESTIMATE THE CONTRACTOR
Abstract
The presented article contains a method of market analysis developed by the author, adapted to the resource method of determining the estimated cost of construction and the tender procedure for a construction contract. This is justified by the fact that in the current conditions of market pricing, and especially in the construction sector, contractors and customers of construction activities (capital construction, repairs, reconstruction, restoration, etc.) place higher requirements on the justification of the cost of direct cost elements than the existing regulatory framework for pricing in construction provides. In this regard, participants in construction activities are switching to resource and resource-index methods of calculating the estimated cost of the project, which give an accurate estimate of all capital costs, as opposed to the basic index method, which allows manipulation of the project cost indicator.
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