Cost Estimate Reduction Using Analogue Building Materials
One of the most important parameters that is currently used in public and private procurement in building process is the lowest price. The legislation of Latvia permits that an estimate forming process does not include criterions of quality, durability, and the potential high cost of maintaining the...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2016-11-01
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| Series: | Baltic Journal of Real Estate Economics and Construction Management |
| Subjects: | |
| Online Access: | https://doi.org/10.1515/bjreecm-2016-0009 |
| _version_ | 1811272553941958656 |
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| author | Platace Laura Gusta Sandra |
| author_facet | Platace Laura Gusta Sandra |
| author_sort | Platace Laura |
| collection | DOAJ |
| description | One of the most important parameters that is currently used in public and private procurement in building process is the lowest price. The legislation of Latvia permits that an estimate forming process does not include criterions of quality, durability, and the potential high cost of maintaining the building during the exploitation time. That allows the constructor to reduce the cost estimate by using cheaper construction product or technology and does not let to provide the highest possible quality and the basic principle of sustainable construction. One of possible construction cost reduction solutions is the replacement of building material with equal building material, at the same time assessing the quality and replacement impact on the direct costs of estimate. The tasks of the research are: (1) to do literature review on what is an estimate, what an estimate includes and the basis of estimate; (2) to analyse the existing construction estimate, to evaluate the used construction materials and to study technical characteristics of materials, to explore a specific construction junction; (3) to replace the selected construction materials with analogous, thus reducing the direct costs of estimate; (4) to evaluate the affect of the price of the construction material on quality; (5) to compare the obtained cost estimate with the current cost estimate; (6) to implement laboratory research and to compare technical characteristics of the construction materials and analogue materials in order to check if they are the performing parameters that are defined in the declaration of performance. After comparing of the obtained direct costs of construction and analysing the quality of construction materials it is possible to provide the most appropriate offer of the direct costs of estimate to satisfy the customer’s interests. |
| first_indexed | 2024-04-12T22:42:24Z |
| format | Article |
| id | doaj.art-30de6441deb8427eaa36e84cc393e7a2 |
| institution | Directory Open Access Journal |
| issn | 2255-9671 |
| language | English |
| last_indexed | 2024-04-12T22:42:24Z |
| publishDate | 2016-11-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Baltic Journal of Real Estate Economics and Construction Management |
| spelling | doaj.art-30de6441deb8427eaa36e84cc393e7a22022-12-22T03:13:41ZengSciendoBaltic Journal of Real Estate Economics and Construction Management2255-96712016-11-014111612510.1515/bjreecm-2016-0009Cost Estimate Reduction Using Analogue Building MaterialsPlatace Laura0Gusta Sandra1Latvia University of Agriculture, LatviaLatvia University of Agriculture, LatviaOne of the most important parameters that is currently used in public and private procurement in building process is the lowest price. The legislation of Latvia permits that an estimate forming process does not include criterions of quality, durability, and the potential high cost of maintaining the building during the exploitation time. That allows the constructor to reduce the cost estimate by using cheaper construction product or technology and does not let to provide the highest possible quality and the basic principle of sustainable construction. One of possible construction cost reduction solutions is the replacement of building material with equal building material, at the same time assessing the quality and replacement impact on the direct costs of estimate. The tasks of the research are: (1) to do literature review on what is an estimate, what an estimate includes and the basis of estimate; (2) to analyse the existing construction estimate, to evaluate the used construction materials and to study technical characteristics of materials, to explore a specific construction junction; (3) to replace the selected construction materials with analogous, thus reducing the direct costs of estimate; (4) to evaluate the affect of the price of the construction material on quality; (5) to compare the obtained cost estimate with the current cost estimate; (6) to implement laboratory research and to compare technical characteristics of the construction materials and analogue materials in order to check if they are the performing parameters that are defined in the declaration of performance. After comparing of the obtained direct costs of construction and analysing the quality of construction materials it is possible to provide the most appropriate offer of the direct costs of estimate to satisfy the customer’s interests.https://doi.org/10.1515/bjreecm-2016-0009construction productscostsestimatequalitytechnical characteristics |
| spellingShingle | Platace Laura Gusta Sandra Cost Estimate Reduction Using Analogue Building Materials Baltic Journal of Real Estate Economics and Construction Management construction products costs estimate quality technical characteristics |
| title | Cost Estimate Reduction Using Analogue Building Materials |
| title_full | Cost Estimate Reduction Using Analogue Building Materials |
| title_fullStr | Cost Estimate Reduction Using Analogue Building Materials |
| title_full_unstemmed | Cost Estimate Reduction Using Analogue Building Materials |
| title_short | Cost Estimate Reduction Using Analogue Building Materials |
| title_sort | cost estimate reduction using analogue building materials |
| topic | construction products costs estimate quality technical characteristics |
| url | https://doi.org/10.1515/bjreecm-2016-0009 |
| work_keys_str_mv | AT platacelaura costestimatereductionusinganaloguebuildingmaterials AT gustasandra costestimatereductionusinganaloguebuildingmaterials |