Abstract
The traditional methods of construction procurement in most parts of the world all generally involve some form of competition between a number of contractors, with price usually playing a major part in the selection of the contractor eventually chosen to carry out the work. Contractors therefore need some reliable method of forecasting prices, and therefore likely costs, for future construction work.
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© 1995 A.J. Smith
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Smith, A.J. (1995). The Estimating Process. In: Estimating, Tendering and Bidding for Construction. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13630-8_2
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DOI: https://doi.org/10.1007/978-1-349-13630-8_2
Publisher Name: Palgrave, London
Print ISBN: 978-1-349-13632-2
Online ISBN: 978-1-349-13630-8
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