Wow! eBook
Construction Item Pricing: For More Profit and Less Risk
Author(s): David Cattell (Author)
- Publisher: UCT Press
- Publication Date: 30 July 2012
- Language: English
- Print length: 184 pages
- ISBN-10: 1919895698
- ISBN-13: 9781919895697
Book Description
The pricing of the constituent component items of a project has a substantial influence on the profitability of a project for a building contractor. Despite this, there has been relatively little research done on this subject since `unbalanced bidding’ (the manipulation of component item prices) was identified as a viable strategy 50 years ago. This book outlines a new approach, called CUP Theory (Construction Unit Pricing Theory), which is intended to lay a new foundation for a scientifically based approach to item pricing. It shows that contractors could increase their profit by as much as 150% without much change to their risk. The author has included a CD containing the program by which pricing can be calculated, and has presented it so that it can be further worked on by those researching the field.
Editorial Reviews
About the Author
David Cattell is Honorary Adjunct Professor at the Institute of Sustainable Development and Architecture, Bond University, Australia. He is also a software developer and has conducted research into component unit pricing for more than 25 years.
