Cost modelling in underpinning projects

Abstract

Large refurbishment projects are characterized by highly varied costs from one project to another. In Finnish underpinning, only retrospective analysis of costs has been available for the owner’s decision process. In order to develop tools for pre‐tender cost estimating and for comparison of different design solutions and evaluation of tenders of the underpinning project, two different cost models have been developed for research. In both models developed, the minimum data required is the pile length. In the more detailed model, the assessment is based on the design solution, including known pile types and the load transfer classification. Both models are easy to use, and the percentage of explained variance is fairly good in the more detailed model.

Keywords:

• Cost modelling
• refurbishment
• underpinning

Notes