Price Determination for a Single Project

Patricia M. Hillebrandt

Chapter 14 in Economic Theory and the Construction Industry, 2000, pp 161-172 from Palgrave Macmillan

Abstract: Abstract In the construction industry, price is determined for large indivisible amounts of work, each one of which may represent a large proportion of the work load of the contractor or of that part of his organisation operating in a particular market. The most usual form of price determination is some form of competitive tendering, but negotiation is important and the whole process is complicated by the wide range of non-traditional processes (see Chapter 8).

Keywords: Construction Industry; Cost Curve; Price Determination; Order Book; Contractual Arrangement (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37248-1_14

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DOI: 10.1057/9780230372481_14

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