Cost Estimation of Architect and Engineer Contracts.

Abstract

Architectural and engineering firms are selected for government projects via a technical competition method with a fair and reasonable fee determined through negotiations. The criteria for what is fair and reasonable is the government estimate. There is a limited guidance available on the preparation of estimates for A/E contracts. Additionally, there is limited use of empirical information due to the lack of an organized database. This research defined the cost estimation method as a decision process and supported that process with numerous analytical computations, statistical techniques, and regression cost models derived from a database comprised of previous A/E contract awards. This approach was effective in that estimates were generated which more closely represented negotiated fees. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1981
Accession Number
ADA112767

Entities

People

  • Everette L. Herndon Jr

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical
  • Human Systems

DTIC Thesaurus Topics

  • Civil Engineering
  • Construction
  • Contracts
  • Cost Models
  • Databases
  • Department Of Defense
  • Economic Analysis
  • Employment
  • Engineering
  • Engineers
  • Government Employees
  • Government Procurement
  • Governments
  • Law
  • Materials
  • National Governments
  • Test And Evaluation

Readers

  • Computational Modeling and Simulation
  • Facility/Structural Engineering.
  • Government Contracting/Procurement.