<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The aim of this article is to show the impact of adjustments in construction projects. The methodology and impact of costs in construction are analyzed by applying the formula for calculating the cost of price adjustments based on inflation. The cost of a project is defined by its direct and indirect costs, but in projects carried out by the state, there are adjustments to the cost. The adjustment cost is intended to take over a price increase due to changes that are not related to the project and are related to the market economy of the construction industry.</p>
</abstract>

The aim of this article is to show the impact of adjustments in construction projects. The methodology and impact of costs in construction are analyzed by applying the formula for calculating the cost of price adjustments based on inflation. The cost of a project is defined by its direct and indirect costs, but in projects carried out by the state, there are adjustments to the cost. The adjustment cost is intended to take over a price increase due to changes that are not related to the project and are related to the market economy of the construction industry.

Methods of Adjustments the Cost in Constructions

cornel-adrian.ciurusniuc@student.tuiasi.ro

„Gheorghe Asachi” Technical University of Iasi

Bulletin of the Polytechnic Institute of Iași. Construction. Architecture Section

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":"Methods of Adjustments the Cost in Constructions"}

The aim of this article is to show the impact of adjustments in construction projects. The methodology and impact of costs in construction are analyzed by...

Methods of Adjustments the Cost in Constructions

Published Online: Jan 26, 2024

Page range: 29 - 38

Received: Nov 24, 2022

Accepted: Aug 29, 2023

DOI: https://doi.org/10.2478/bipca-2022-0003

Keywords
public construction projects, material cost, forecasting, cost inflation model; cost increase

© 2022 Cornel Adrian Ciurusniuc et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Methods of Adjustments the Cost in Constructions

Published Online: Jan 26, 2024

Page range: 29 - 38

Received: Nov 24, 2022

Accepted: Aug 29, 2023

DOI: https://doi.org/10.2478/bipca-2022-0003

Keywordspublic construction projects, material cost, forecasting, cost inflation model; cost increase

© 2022 Cornel Adrian Ciurusniuc et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
public construction projects, material cost, forecasting, cost inflation model; cost increase