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
The Architectural Technology Awards
The AT Awards 2025 are open for entries!
ECA Blueprint for Electrification
The 'mosaic of interconnected challenges' and how to deliver the UK’s Transition to Clean Power.
Grenfell Tower Principal Contractor Award notice
Tower repair and maintenance contractor announced as demolition contractor.
Passivhaus social homes benefit from heat pump service
Sixteen new homes designed and built to achieve Passivhaus constructed in Dumfries & Galloway.
CABE Publishes Results of 2025 Building Control Survey
Concern over lack of understanding of how roles have changed since the introduction of the BSA 2022.
British Architectural Sculpture 1851-1951
A rich heritage of decorative and figurative sculpture. Book review.
A programme to tackle the lack of diversity.
Independent Building Control review panel
Five members of the newly established, Grenfell Tower Inquiry recommended, panel appointed.
Welsh Recharging Electrical Skills Charter progresses
ECA progressing on the ‘asks’ of the Recharging Electrical Skills Charter at the Senedd in Wales.
A brief history from 1890s to 2020s.
CIOB and CORBON combine forces
To elevate professional standards in Nigeria’s construction industry.
Amendment to the GB Energy Bill welcomed by ECA
Move prevents nationally-owned energy company from investing in solar panels produced by modern slavery.
Gregor Harvie argues that AI is state-sanctioned theft of IP.
Heat pumps, vehicle chargers and heating appliances must be sold with smart functionality.
Experimental AI housing target help for councils
Experimental AI could help councils meet housing targets by digitising records.
New-style degrees set for reformed ARB accreditation
Following the ARB Tomorrow's Architects competency outcomes for Architects.
BSRIA Occupant Wellbeing survey BOW
Occupant satisfaction and wellbeing tool inc. physical environment, indoor facilities, functionality and accessibility.