New code of estimating practice
The Code of Estimating Practice was originally published by the Chartered Institute of Building (CIOB) in 1996. It went on to become a highly-respected industry resource, providing an authoritative guide to the principles of, and good practice in, estimating for building work for those involved in procuring and pricing construction works, both in the public and private sectors.
It presents estimating as part of the wider process of commercial management for construction businesses. This is not simply a matter of winning a bid - if the bid is successful, the estimate goes on to form the basis of the contractor’s budget and cost management strategy.
The seventh edition was published in 2009 and included new material on estimating strategy, tendering, procedures and best practice, as well as the build-up of unit rates of cost, overheads and profit, and e-commerce.
In March 2018, it was re-branded as the New Code of Estimating Practice. https://www.wiley.com/en-gb/New+Code+of+Estimating+Practice-p-9781119329640
This new version has been completely rewritten to include more contextual and educational material, and now covers:
- Estimating practice.
- The bidding process.
- The fundamentals in formulating a bid.
- The pre-qualification process.
- Procurement options.
- Contractual arrangements and legal issues.
- Preliminaries.
- Temporary works.
- Cost estimating techniques.
- Risk management.
- Logistics.
- Resource and production planning.
- Computer-aided estimating.
- Information and time planning.
- Resource planning and pricing.
- Preparation of an estimator’s report.
- Bid assembly and adjudication.
- Pre-production planning and processes.
- Site production.
--CIOB
[edit] Related articles on Designing Buildings Wiki
- Approximate quantities cost plan.
- Bills of quantities.
- Budget.
- Chartered Institute of Building.
- All-in rates.
- Contract sum analysis.
- Contract sum.
- Cost consultant.
- Cost control.
- Cost engineering.
- Cost plans for construction projects.
- Elemental cost plan
- Final account.
- Initial cost appraisals.
- Mark-up.
- Measurement.
- New Rules of Measurement.
- Pre-tender estimate.
- Procurement.
- Project overheads.
- Tender documents.
- Top down and bottom up estimating.
Featured articles and news
International Electrician Day, 10 June 2025
Celebrating the role of electrical engineers from André-Marie Amperè, today and for the future.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.
Skills England publishes Sector skills needs assessments
Priority areas relating to the built environment highlighted and described in brief.
BSRIA HVAC Market Watch - May 2025 Edition
Heat Pump Market Outlook: Policy, Performance & Refrigerant Trends for 2025–2028.
Committing to EDI in construction with CIOB
Built Environment professional bodies deepen commitment to EDI with two new signatories: CIAT and CICES.
Government Grenfell progress report at a glance
Line by line recomendation overview, with links to more details.
An engaging and lively review of his professional life.
Sustainable heating for listed buildings
A problem that needs to be approached intelligently.
50th Golden anniversary ECA Edmundson apprentice award
Deadline for entries has been extended to Friday 27 June, so don't miss out!
CIAT at the London Festival of Architecture
Designing for Everyone: Breaking Barriers in Inclusive Architecture.
Mixed reactions to apprenticeship and skills reform 2025
A 'welcome shift' for some and a 'backwards step' for others.
Licensing construction in the UK
As the latest report and proposal to licence builders reaches Parliament.
Building Safety Alliance golden thread guidance
Extensive excel checklist of information with guidance document freely accessible.
Fair Payment Code and other payment initiatives
For fair and late payments, need to work together to add value.
Pre-planning delivery programmes and delay penalties
Proposed for housebuilders in government reform: Speeding Up Build Out.
High street health: converting a building for healthcare uses
The benefits of health centres acting as new anchor sites in the high street.