Analysis of pricing and budget normalization for construction projects on the territory of the Russian Arctic

Abstract

According to the results of the building expertise of facilities that are constructed, operated and repaired in the Arctic zone of the North-West Russia the authors made a critical analysis of pricing and the estimated valuation. A number of shortcomings revealed and suggestions on improving the pricing were made. Implementation of the proposals could form an unbiased start-ing price of construction projects.

Keywords

• construction
• Arctic zone
• pricing
• estimates
• normalization