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Estimating and Tendering — Some Contextual Factors

  • Adrian J. Smith
Chapter
Part of the Macmillan Building and Surveying Series book series (BASS)

Abstract

Most construction works are let on the basis of some form of competition, in which the quoted price for the work usually plays a large part. It is therefore obvious that, for a construction company to thrive, it must have the ability to forecast the likely cost of proposed construction work, and thus at least be able to establish a baseline figure from which a price can be quoted to the client.

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Copyright information

© A.J. Smith 1995

Authors and Affiliations

  • Adrian J. Smith
    • 1
  1. 1.Department of Building and ConstructionCity University of Hong KongHong Kong

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