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Automatic BQ Pricing

Smith, Mark & Skitmore, Martin (1991) Automatic BQ Pricing. In Transactions AACE 35th Annual Meeting, Seattle, Washington.

Abstract

This paper reports on a pilot study under¬taken by the authors for the Royal Institu¬tion of Chartered Surveyors Educa¬tional Trust aimed at developing a method of automatic pricing of bills of quantities.

A method using a system of multipliers is described for Concrete Work and based on the rates contained in Laxton's 1989 build¬ing price book [4]. When tested on three 'live' bills of quantities, the method was found to be within one percent and six percent of the price book for larger projec¬ts and smaller projects respectively, and within 1.25 percent for the aggregated bills.

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ID Code: 4542
Item Type: Conference Paper
Keywords: Estimating, pricing, bills of quantities, automated processes
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000) > BUILDING (120200) > Quantity Surveying (120203)
Divisions: Past > QUT Faculties & Divisions > Faculty of Built Environment and Engineering
Copyright Owner: Copyright 1991 (please consult author)
Deposited On: 20 Jun 2006
Last Modified: 09 Jun 2010 22:33

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