Analysis on Factors to Cause the Price Change of Building Materials

Abstract

Building material cost accounts for about 65% of the engineering cost, and some even reach more than 75% in the current formation of the construction installation engineering cost in our country, so the price of materials determines the engineering cost to a great extent. It is essential for proprietor to master the price fluctuations of building materials to control engineering cost, and it is also important for contractor to determine the bid price. According to the market price theory and the basic characteristic of the building materials, this paper analyses and summarizes the influencing factors of building materials price changes, and provides some reference basis for the parties of building to give a investment decision and control cost.