Pre-contract studies : development economics, tendering and estimating / Allan Ashworth.
By: Ashworth, Allan [author]
.
Material type: 
BookPublisher: Oxford ; Malden, Mass. : Blackwell Science, 2002Edition: 2nd ed.Description: xii, 364 pages : illustrations ; 25 cm.Content type: text Media type: unmediated Carrier type: volumeISBN: 0632064722 (paperback).Subject(s): Construction industry -- Finance | Real estate developmentDDC classification: 690.068 | Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| General lending | MTU Bishopstown Library Lending | 690.068 (Browse shelf(Opens below)) | 1 | Available | 00113288 | |
| General lending | MTU Bishopstown Library Lending | 690.068 (Browse shelf(Opens below)) | 1 | Available | 00113286 | |
| General lending | MTU Bishopstown Library Lending | 690.068 (Browse shelf(Opens below)) | 1 | Available | 00113290 |
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Enhanced descriptions from Syndetics:
Pre-contract Studies: Development Economics, Tendering and Estimating provides a comprehensive introduction to the property development process, with an emphasis on the financial analysis of projects in the context of development values and construction costs.
The process of getting a project from inception to completion is examined in detail, while the different methods of development appraisal, and the way developers' budgets are calculated, are explored with worked examples.
The second edition has been substantially revised and extended to include two new chapters on:
? project construction costs
? new developments and trends
The book was originally written for the Chartered Institute of Building's Education Framework, but is suitable for, and has been used on a wide range of undergraduate programmes in building, surveying and associated disciplines.
Includes bibliographical references (pages 355-359) and index.
The development process -- Property investment economics -- Capital investment -- Evaluation of financial data -- Development appraisal -- Urban land economics -- Property development economics -- Sources of Finance -- Project construction costs -- Budgeting, costing and cash flows -- Procurement -- Estimating and tendering -- Developments and trends.
Table of contents provided by Syndetics
- Preface (p. x)
- Acknowledgements (p. xii)
- 1 The Development Process (p. 1)
- Introduction (p. 1)
- Demand for development (p. 1)
- Customer satisfaction (p. 3)
- Site identification (p. 4)
- The development process (p. 4)
- Environmental impact assessment (p. 12)
- Sustainable development (p. 13)
- Listed buildings (p. 14)
- Conservation areas (p. 15)
- Property investment companies (p. 16)
- Developers (p. 18)
- Parties involved (p. 22)
- Planning and control (p. 27)
- Marketing (p. 27)
- 2 Property Investment Economics (p. 31)
- Introduction (p. 31)
- Principles of investment (p. 32)
- Functions and features of the investment market (p. 34)
- Investment in property (p. 36)
- Value (p. 38)
- Major factors affecting property values (p. 39)
- The nature of property investments (p. 43)
- Distinguishing features of property (p. 45)
- Institutional investment in property (p. 50)
- Relationship between income and value (p. 56)
- Property investment and equities (p. 56)
- Strategy of property investment (p. 58)
- The property cycle (p. 62)
- 3 Capital Investment (p. 65)
- Capital budgeting (p. 65)
- Leasing (p. 67)
- Strategic management (p. 68)
- Company finance (p. 68)
- The cost of capital (p. 74)
- Mergers and takeovers (p. 75)
- The case for investment in property (p. 78)
- HM Land Registry (p. 81)
- New build or refurbish? (p. 81)
- 4 Evaluation of Financial Data (p. 86)
- Accounting standards (p. 86)
- Accounting conventions (p. 88)
- Interpreting company accounts (p. 90)
- Analysis of investments (p. 91)
- Financial ratios (p. 92)
- Capital gearing (p. 95)
- Interest cover (p. 98)
- Depreciation of assets (p. 98)
- Share analysis (p. 101)
- Audit (p. 105)
- Taxation and property (p. 106)
- Capital allowances (p. 109)
- Risk and uncertainty (p. 111)
- 5 Development Appraisal (p. 116)
- Introduction (p. 116)
- Development value (p. 117)
- General determinants of value (p. 117)
- Investment appraisal (p. 118)
- Methods of valuation (p. 120)
- Valuation tables (p. 123)
- Developers' budgets (p. 129)
- Conventional and discounting methods of valuation (p. 141)
- Optimal investment criteria (p. 145)
- Cost-benefit analysis (p. 146)
- 6 Urban Land Economics (p. 151)
- Introduction (p. 151)
- Site identification (p. 156)
- Land use patterns (p. 157)
- Environmental and social factors (p. 161)
- Planning controls (p. 163)
- Going green (p. 164)
- Site characteristics (p. 165)
- Sites for different uses (p. 169)
- Legal aspects (p. 178)
- Government intervention and assistance (p. 180)
- 7 Property Development Economics (p. 186)
- Development since 1945 (p. 186)
- Land ownership (p. 191)
- Office development permits (p. 192)
- Development land tax (p. 193)
- Urban regeneration (p. 193)
- Commercial development (p. 194)
- Industrial development (p. 198)
- Housing (p. 199)
- New towns (p. 199)
- City centre redevelopments (p. 200)
- Out of town shopping malls (p. 201)
- The Big Bang of 1986 and the crash (p. 202)
- Regional development (p. 205)
- Repair and renovation (p. 206)
- Environmental aspects of building development (p. 207)
- Future demand (p. 208)
- Indicators (p. 210)
- European Union (p. 214)
- 8 Sources of Finance (p. 217)
- Introduction (p. 217)
- Investment (p. 217)
- Debt and equity finance (p. 218)
- Duration of funding (p. 221)
- Sources of finance (p. 222)
- Types of shares (p. 225)
- Sale and leaseback (p. 227)
- Joint ventures (p. 227)
- Concession contracting (p. 228)
- Needs of the institutions (p. 228)
- Principal sources of development finance (p. 230)
- Public sector developments (p. 245)
- Financial assistance for development (p. 245)
- Investment from overseas (p. 248)
- 9 Project Construction Costs (p. 250)
- Early price forecasting (p. 250)
- Cost planning (p. 252)
- Whole life costing (p. 259)
- 10 Budgeting, Costing and Cash Flows (p. 267)
- Introduction: business plans (p. 267)
- Budgetary control (p. 268)
- Costing (p. 270)
- Types of costs (p. 271)
- Cost centres (p. 273)
- The purpose of costing (p. 276)
- Costing methods (p. 278)
- Break even analysis (p. 282)
- The recording of costs (p. 283)
- Contractor's cost comparison (p. 285)
- Estimated, target and actual costs (p. 287)
- Choosing a cost control system (p. 288)
- Cash flow (p. 289)
- 11 Procurement (p. 297)
- Introduction (p. 297)
- Reports (p. 297)
- Major considerations (p. 298)
- Procurement strategy (p. 302)
- Price determination (p. 302)
- Procurement options (p. 304)
- Contractor selection (p. 306)
- Contractual options (p. 307)
- Construction Industry Board (CIB) Code of Procedure (p. 315)
- Coordinated Committee for Project Information (CCPI) (p. 317)
- Procurement management (p. 317)
- Conclusions (p. 318)
- 12 Estimating and Tendering (p. 319)
- Introduction (p. 319)
- Organisation and administration of estimating (p. 319)
- Tendering (p. 320)
- Calculation of unit rates (p. 326)
- Operational estimating (p. 332)
- Estimator's report (p. 333)
- Tender adjudication (p. 333)
- Bidding strategy (p. 334)
- Information and communication technology (p. 335)
- Reporting on tenders (p. 335)
- 13 Developments and Trends (p. 338)
- Change (p. 338)
- Benchmarking (p. 341)
- Best value (p. 344)
- Partnering (p. 346)
- Lean construction (p. 349)
- Facilities management (p. 351)
- Conclusions (p. 354)
- References and Bibliography (p. 355)
- Index (p. 360)