J 2023

The difference between project prices and final prices of construction contracts in the public sector

VRBKA, Jaromír and Eva KOUBKOVÁ

Basic information

Original name

The difference between project prices and final prices of construction contracts in the public sector

Authors

VRBKA, Jaromír (203 Czech Republic, guarantor, belonging to the institution) and Eva KOUBKOVÁ (203 Czech Republic, belonging to the institution)

Edition

Ad Alta - Journal of Interdisciplinary Research, Hradec Králové, Česká republika, Magnanimitas, 2023, 1804-7890

Other information

Language

English

Type of outcome

Článek v odborném periodiku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

References:

RIV identification code

RIV/75081431:_____/23:00002601

Organization unit

Institute of Technology and Business in České Budějovice

UT WoS

001027245000051

Keywords (in Czech)

stavebnictví; projektové ceny; konečné ceny; veřejný sektor

Keywords in English

construction industry; project prices; final prices; public sector
Změněno: 2/11/2023 13:18, Barbora Kroupová

Abstract

V originále

The paper deals with the difference between project and final prices of construction contracts in the public sector. The project price of construction contracts is usually created using price systems, while the final prices of contracts are based on the actual interest of construction companies in the implementation of a given contract, actual cost, and the state of the market for construction works and materials. The paper presents an analysis of a total of 1,021 construction contracts awarded by the public sector in the Czech Republic in 2019-2020. These contracts are divided according to the predominant nature of the work into three categories, namely demolition, reconstruction, and construction. The authors conclude that the project and final prices of construction contracts differ, both in terms of regional destination and the nature of the subject of the contract (construction, demolition, etc.). The biggest savings were found in contracts dealing with demolition work, where secondary income can be expected in the form of sales of secondary raw materials. Moderate savings are also achieved in the case of contracts concerning reconstruction or construction.

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