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Standard of Construction Estimate

Management of construction cost estimate standards

New construction technology can receive certification; however, ordering organizations avoid applying new technology if there is no objective price standard that can estimate a budget to apply new technology.

KICT helps provide a standard to estimate construction costs based on objective estimates on the value of construction technology, such as providing quantity per unit for new construction technology, in order to transfer new construction technology developed by a SME based on a standard production unit system.

Major tasks

  • Management of standard quantity per unit and for new technology quantity per unit
  • Site inspections for standard quantity per unit as well as enactment and revision management
  • Management for actual construction costs and construction cost index
  • Management for basic construction costs and housing costs index
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