en
Construction activity - documentation
Construction activity - documentation
The main documents prepared during construction works performed using the contracting method are as follows:
- Form 2 – Certificate on the completed works;
- Form 3 – Certificate on the value of completed contract works and expenses based on the contract price.
Preparation of Estimates
Estimate (Smeta) – documents reflecting the financial costs to be spent on construction. The estimate is attached to the construction contract and forms an integral part of it. The estimate shows the amount of funds required for the construction of the facility. The estimated cost of construction objects generally includes:
- the cost of construction (or repair and construction) works;
- the cost of equipment installation (assembly) works;
- expenses incurred for the purchase (or production) of equipment, furniture, and inventory;
- other related expenses.
Estimate documents are prepared to determine the estimated cost of construction of various types of facilities, buildings, and structures. In general, estimates are one of the distinctive features of construction activity.
Estimate documents include: local estimates, local estimate calculations, object estimates, object estimate calculations, separate cost estimate calculations, consolidated estimate calculations, cost calculations, and other estimate documents.
Local estimates are considered primary estimate documents and are prepared in accordance with the volumes specified in the “Working Documents” (WD) for individual works and costs by buildings and structures.
If the volume of work and the amount of expenses are not fully determined and will be clarified in the future based on the “Working Documents” (WD), local estimate calculations are prepared.
Local estimates and estimate calculations serve as the basis for determining the cost of specific types of works and expenses. All information about expenses is grouped into sections according to the constructive elements and types of work related to the object being constructed. These typically include earthworks, foundation and underground parts, walls, frame, partitions, flooring, ceiling, etc.
The value determined based on local estimate calculations (or estimates) includes direct and indirect costs, as well as **estimated profit** calculated based on general area norms depending on the type of construction work. The calculation is carried out in sequence, in accordance with the construction technology by work types and volumes indicated in the estimate. Local estimates are generally divided into sections (constructive elements) during their preparation.
Object estimate combines several local estimates related to a single construction object and forms the basis for the pricing of construction contracts.
Object estimate calculations combine local estimate calculations for a specific construction object and are clarified based on the “Working Documents”.
Object estimates are generally prepared for the entire construction project and are grouped under the following categories: “Construction works”, “Installation works”, “Equipment, furniture, inventory”, and “Other expenses”. At the end of the object estimate, the following limited (capped) funds are added to cover the following:
- the cost of temporary buildings and structures determined by calculation or by norm;
- increased cost of works due to additional expenses incurred when performing work during the winter period;
- reserves for covering unforeseen works and expenses.
Consolidated estimate calculations are considered final documents, in which the summaries of all object estimates, as well as estimate calculations for individual cost types not covered by existing norms, are shown in separate lines.
The main documents prepared during construction works performed using the contracting method are as follows:
- Form 2 – Certificate on the completed works;
- Form 3 – Certificate on the value of completed contract works and expenses based on the contract price.
Preparation of Estimates
Estimate (Smeta) – documents reflecting the financial costs to be spent on construction. The estimate is attached to the construction contract and forms an integral part of it. The estimate shows the amount of funds required for the construction of the facility. The estimated cost of construction objects generally includes:
- the cost of construction (or repair and construction) works;
- the cost of equipment installation (assembly) works;
- expenses incurred for the purchase (or production) of equipment, furniture, and inventory;
- other related expenses.
Estimate documents are prepared to determine the estimated cost of construction of various types of facilities, buildings, and structures. In general, estimates are one of the distinctive features of construction activity.
Estimate documents include: local estimates, local estimate calculations, object estimates, object estimate calculations, separate cost estimate calculations, consolidated estimate calculations, cost calculations, and other estimate documents.
Local estimates are considered primary estimate documents and are prepared in accordance with the volumes specified in the “Working Documents” (WD) for individual works and costs by buildings and structures.
If the volume of work and the amount of expenses are not fully determined and will be clarified in the future based on the “Working Documents” (WD), local estimate calculations are prepared.
Local estimates and estimate calculations serve as the basis for determining the cost of specific types of works and expenses. All information about expenses is grouped into sections according to the constructive elements and types of work related to the object being constructed. These typically include earthworks, foundation and underground parts, walls, frame, partitions, flooring, ceiling, etc.
The value determined based on local estimate calculations (or estimates) includes direct and indirect costs, as well as **estimated profit** calculated based on general area norms depending on the type of construction work. The calculation is carried out in sequence, in accordance with the construction technology by work types and volumes indicated in the estimate. Local estimates are generally divided into sections (constructive elements) during their preparation.
Object estimate combines several local estimates related to a single construction object and forms the basis for the pricing of construction contracts.
Object estimate calculations combine local estimate calculations for a specific construction object and are clarified based on the “Working Documents”.
Object estimates are generally prepared for the entire construction project and are grouped under the following categories: “Construction works”, “Installation works”, “Equipment, furniture, inventory”, and “Other expenses”. At the end of the object estimate, the following limited (capped) funds are added to cover the following:
- the cost of temporary buildings and structures determined by calculation or by norm;
- increased cost of works due to additional expenses incurred when performing work during the winter period;
- reserves for covering unforeseen works and expenses.
Consolidated estimate calculations are considered final documents, in which the summaries of all object estimates, as well as estimate calculations for individual cost types not covered by existing norms, are shown in separate lines.