Adoption of standard based pricing method for the procurement of mechanical and electrical engineering services in Malaysia
Adoption of standard – based pricing method for building services could improve the reliability and consistency of its early budget estimate. This study evaluates the provisions of the standard method of measurement in use in Malaysia in relation to current build...
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| Main Authors: | , , , |
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| Format: | Conference or Workshop Item |
| Published: |
2013
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| Subjects: | |
| Online Access: | http://eprints.utm.my/id/eprint/50881/ http://epublication.fab.utm.my/478/1/2013WCEAbstract.pdf |
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| Institution: | Universiti Teknologi Malaysia |
| Summary: | Adoption of standard – based pricing method for building services could improve the reliability and consistency of its early budget estimate. This study evaluates the provisions of the standard method of measurement in use in Malaysia in relation to current building services cost management. The study found that the reliability of building services budget estimates could be enhanced if the detailed rules of measurement is adopted as the basis for preparing its bills of quantities. However, this may require the development and adoption of the building service standard method of measurement that would reflect local practices, adoption of value engineering and enhancement of quantity surveyors capacity in the technology of building services. |
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