Reforming Pricing in Construction

Abstract:

Since 2016, the Ministry of Construction of the Russian Federation has been carrying out a fundamental reform of pricing and estimated rationing in construction [1]. The main objective of the reform is to create conditions on the basis of the Federal State Information System for Building Pricing (FSIS BP) for the transition to a resource method to determine the estimated cost of construction, the formation of a reliable initial contract price on this basis, including using enlarged building price standards. The essence of the task is insurance against the growth of the real cost of construction. In developed economies, this is achieved through exchange mechanisms using derivative financial instruments such as options.

• Periodical: Materials Science Forum (Volume 931)
• Pages: 1127-1130
• DOI: https://doi.org/10.4028/www.scientific.net/MSF.931.1127
• Online since: September 2018
• Authors: Vasilii D. Ardzinov*, Alexander A. Leontiev, Grigorii A. Uraev
• Keywords: Construction, Contract Price, Enterprises, Information System, Price Monitoring, Pricing, Reforming, Resource Classifier, Resource Method

References

[1] Federal Law No. 369-FZ dating July 3rd, 2016 On amendments to the urban development code of the Russian Federation" and Articles 11 and 14 of the Federal Law "On investment activities in the Russian Federation, carried out in the form of capital investments ,. (Law on Pricing).

DOI: 10.2753/rsd1061-0014420204

[2] Decree of the Government of the Russian Federation dating December 23, 2016 No. 1452 On monitoring the prices of construction resources.

[3] Ardzinov V.D., Baranovskaya N.I., Kurochkin A.I., Self-instruction for estimates in the construction business, Saint Peterburg, (2017).

[4] Oparin S.G., Architectural and construction design. A manual for economists, Saint Peterburg, (2015).

[5] Order of the Ministry of Construction of Russia dating December 30, 2016 No. 1038/pr On the approval of estimates.

[6] Order of the Ministry of Construction of Russia dating 29.09.2017 № 1400/pr On the introduction of changes to the classifier of construction resources, formed by the order of the Ministry of Construction and Housing and Communal Services of the Russian Federation on March 2, 2017 №597/pr.

[7] Resolution of the Government of the Russian Federation dating September 23, 2016 No. 959 On the Federal State Information System for building Pricing ,. (FSIS BP).