Requirements
To ensure that the bill of quantities generated by the CYPE Cost Estimator program is in line with market rates, it is essential to meet the following requirements:
- The construction system used must comply with the standards of "international architecture". Consequently, distinctive building types that utilise traditional construction systems and/or materials, as well as unique buildings, are excluded.
- The building project must meet the minimum requirements for safety, habitability and health.
- The building must have the necessary infrastructure in place for the works to be carried out, and the access routes must be in a satisfactory condition.
- The completion deadline must be consistent with the scale of the project, as a deadline that is either too short or too long can lead to deviations in the bill of quantities.
- Currency stability and inflation control are essential prerequisites. It is not possible to adjust prices to market levels in situations of high inflation or fluctuating exchange rates.
- The construction cost estimate provided by the program should not be used for contracting the work, as a more detailed definition of the specifications, construction details and quantities is required; these aspects are only available at the detailed design stage.
- It must not be used for valuations or appraisals, as the program only covers new-build properties constructed to current building standards. In such cases, other factors come into play, such as the age of the building, its state of repair, the level of maintenance, and the environmental impact of the surroundings, all of which affect the final value.
