Optimizing Construction Costs: Strategies for Contractors

Keywords: imputed profit, cost optimization, risk buffer, offer price

Abstract

The article discusses methods and principles of calculating profit in the price of construction work offers, including a risk buffer for exceeding the base scope, budget, and project time. The main part of the article consists of a list of multi-aspect recommendations developed by the author, whose implementation in the contractor's unit can contribute to increasing the profitability of the order portfolio and avoiding economic disputes with stakeholders.

Published
2023-12-31
Section
Research articles