CE8701 ESTIMATION, COSTING AND VALUATION ENGINEERING
OBJECTIVE: The students will acquire knowledge in estimation, tender
practices, contract procedures, and valuation and will be able to prepare
estimates, call for tenders and execute works.
UNIT I QUANTITY ESTIMATION
Philosophy – Purpose – Methods of estimation – Types of estimates –
Approximate estimates – Detailed estimate – Estimation of quantities for
buildings, bituminous and cement concrete roads, septic tank, soak pit,
retaining walls – culverts (additional practice in class room using computer
softwares)
UNIT II RATE ANALYSIS AND COSTING
Standard Data – Observed Data – Schedule of rates – Market rates – Standard
Data for Man Hours and Machineries for common civil works – Rate Analysis
for all Building works, canals, and Roads– Cost Estimates (additional practice
in class room using Computer softwares) - (Analysis of rates for the item of
work asked, the data regarding labour, rates of material and rates of labour to be
given in the Examination Question Paper)
UNIT III SPECIFICATIONS, REPORTS AND TENDERS
Specifications – Detailed and general specifications – Constructions – Sources
– Types of specifications – Principles for report preparation – report on estimate
of residential building – Culvert – Roads – TTT Act 2000 – Tender notices –
types – tender procedures – Drafting model tenders , E-tendering-Digital
signature certificates- Encrypting -Decrypting – Reverse auctions.
UNIT IV CONTRACTS
Contract – Types of contracts – Formation of contract – Contract conditions –
Contract for labour, material, design, construction – Drafting of contract
documents based on IBRD / MORTH Standard bidding documents –
Construction contracts – Contract problems – Arbitration and legal requirements.
UNIT V VALUATION
Definitions – Various types of valuations – Valuation methods - Necessity –
Capitalised value – Depreciation – Escalation – Valuation of land – Buildings –
Calculation of Standard rent – Mortgage – Lease
OUTCOMES:
The student will be able to Estimate the quantities for buildings, Rate
Analysis for all Building works, canals, and Roads and Cost Estimate.
Understand types of specifications, principles for report preparation, tender
notices types. Gain knowledge on types of contracts Evaluate valuation for
building and land.
TEXTBOOKS:
1. B.N Dutta ‘Estimating and Costing in Civil Engineering’, UBS Publishers
& Distributors (P) Ltd, 2010.
2. B.S.Patil, ‘Civil Engineering Contracts and Estimates’, University Press,
2006
3. D.N. Banerjee, ‘Principles and Practices of Valuation’, V Edition, Eastern
Law House, 1998
REFERENCES:
4. Hand Book of Consolidated Data – 8/2000, Vol.1, TNPWD
5. Tamil Nadu Transparencies in Tenders Act, 1998
6. Arbitration and Conciliation Act, 1996