Glavgosekspertiza to be in charge of price formation in construction

30.09.2016

Glavgosekspertiza of the Russian Federation (General Board of State Expert Examination) is authorized to control price formation and costing standards in construction as soon as the Federal Center on price formation in construction and production of building materials is included into it. This was reported by the Ministry of Construction, Housing and Utilities of the Russian Federation.

The Ministry has already amended the charter of Glavgosekspertiza.

The agency will monitor prices of building materials and create the database for the Ministry. For this purpose it will collect necessary data for evaluation of estimated process and norms as well as for adoption of the method for evaluation of building materials prices.

A new area of work of Glavgosekspertiza also includes creation, operation and development of the federal state information system of price formation in construction.

Glavgosexpertisa continues to perform state expert examination of project documentation and engineering survey results and audit of cost estimates for capital construction projects, financing of construction in the cases when reconstruction or technical re-equipment is planned to be fully or partially at the expense of the federal budget.

RIA – Real Estate

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