Proceedings of the 2018 International Conference on Management and Education, Humanities and Social Sciences (MEHSS 2018)

Research on Adjustment of Price of Construction Materials Caused by Price Changes

Authors
Ke Zhao
Corresponding Author
Ke Zhao
Available Online April 2018.
DOI
https://doi.org/10.2991/mehss-18.2018.69How to use a DOI?
Keywords
Price changes; Changes in the price of construction materials; price adjustment; Risk sharing.
Abstract
In construction projects, changes in the price of construction materials caused by changes in prices often lead to adjustments in the contract price. However, these adjustments have not yet established a unified adjustment plan among the contracting packages. As a result, they may cause the occurrence of contract disputes and may even cause the project to fail. Based on this, this study takes the change in price of building materials caused by changes in prices as the research object, determines the scope of the main building materials of the construction project in combination with the case, and classifies the building materials that can be adjusted for prices on the basis of the analysis of relevant documents. On the basis of a clear range of price-adjustable materials, in the end, this paper proposes the use of bidding strategies to reduce the risk of changes in the price of construction materials faced by contractors, and conducts research on a given project of bidding documents to determine appropriate bidding strategies. Take measures from the source to minimize the risk caused by changes in prices, and conduct a reasonable risk sharing program.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Ke Zhao
PY  - 2018/04
DA  - 2018/04
TI  - Research on Adjustment of Price of Construction Materials Caused by Price Changes
BT  - 2018 International Conference on Management and Education, Humanities and Social Sciences (MEHSS 2018)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/mehss-18.2018.69
DO  - https://doi.org/10.2991/mehss-18.2018.69
ID  - Zhao2018/04
ER  -