Tools development for estimated cost management of construction and assembly works

Abstract

In general, construction costs are governed by the federal law No. 44-FZ Concerning The Procurement Contract System of Goods, Works And Services For State and Municipal Needs (in force 05 April 2013) and the federal law No.223-FZ Concerning The Procurement Of Goods, Works And Services By Separated Types of Entities (in force 18 July 2011) as well. A method, which is more applicable in practice, and presented in the laws mentioned above-is the calculation of estimated working costs. In order to calculate total costs and economic effects for an enterprise correctly, it is possible to use such tools, as complex estimation, active examination and cost modelling processes. It is important to add specific costs which are peculiar to this particular object into calculation of total costs and effectiveness. Modelling will be applied well for calculation of capital construction cost. A positive economic effect from the application of new methods and approaches is expected due to the accuracy of the cost estimates and cost projections will increase.