Publication detail

Analysis of Road Construction Projects Price Changes in the Selected Phases of their Life-Cycle

KORYTÁROVÁ, J. HANÁK, T.

Original Title

Analysis of Road Construction Projects Price Changes in the Selected Phases of their Life-Cycle

Type

journal article in Scopus

Language

English

Original Abstract

This paper deals with an analysis of causes that lead to the change in price (value of construction costs) of road infrastructure projects in selected phases of the building structure life-cycle, more specifically procurement and construction phases, with the aim to refine the price estimation in the Estimated Value determination phase. The sample of regional road construction projects in the South Moravian Region (Czech Republic) documentation forms the basis for the research. The methodological procedure is aimed at monitoring changes in the value of construction costs during the preparation and implementation phase of the construction. Estimated values, contract prices and actual prices of individual projects are compared to determine them and the reasons for their differences are discussed. The changes (decrease) in the values of construction costs determined by estimated value and contract price show the strong influence of the construction market and the interest of construction companies in the implementation of public works contracts in the field of road infrastructure projects.

Keywords

Road Construction Project, LCC, Estimated Value, Contract Price, Actual Price

Authors

KORYTÁROVÁ, J.; HANÁK, T.

Released

10. 3. 2022

Publisher

Warsaw University of Life Sciences Press

ISBN

1732-9353

Periodical

Scientific Review Engineering and Environmental Sciences

Year of study

31

Number

1

State

Republic of Poland

Pages from

37

Pages to

46

Pages count

13

URL

Full text in the Digital Library

BibTex

@article{BUT177186,
  author="Jana {Korytárová} and Tomáš {Hanák}",
  title="Analysis of Road Construction Projects Price Changes in the Selected Phases of their Life-Cycle",
  journal="Scientific Review Engineering and Environmental Sciences",
  year="2022",
  volume="31",
  number="1",
  pages="37--46",
  doi="10.22630/srees.2322",
  issn="1732-9353",
  url="https://srees.sggw.edu.pl/article/view/2322/2020"
}