This code of practice was first published in 1966, and over many years of effective use has established itself as a leading publication for the construction industry, providing an authoritative guide to the essential principles and good practice in estimating for building work. The seventh edition of the code has been completely re-structured and rewritten to reflect the changing pressures on the pre-construction and estimating process. It includes new material on estimating strategy, procedures and best practice in different procurement situations, supply chain management, risk identification, e-tendering, as well as the build-up of unit rates of cost, and overheads and profit. The standard forms and checklists, for which the previous edition was renowned, have been retained.
The Code of Estimating Practice continues the excellent work of previous editions, responding to current trends and providing a guide to best practice as observed by the team of contributors.
Published in conjunction with the Chartered Institute of Building, the book has been endorsed by a broad range of industry bodies.