CONSTRUCTION COST AND ITS FORMATION STAGES

Abstract

The article describes information flows under the implementation of investment and construction processes at the stages of construction cost determination with the application of relevant standards and regulations. The planning processes of budget investment carrying out in accordance with the rules of process implementation and with the application of relevant regulations are updated. The regulations described in the article provide the opportunity of using comparable objects for the capital construction of non-industrial facilities and engineering infrastructure. The criteria of investment and construction process cost-forming component are developed. They allow to estimate the cost parameters (limits) necessary for the implementation of specified stages of an investment and construction project. The process of construction cost formation and change is structured as well. Particular importance in the formed system is given to the transparency of pricing in the construction and organization of information resources available for the use by all the participants and concerned parties.