The need to reform the russian pricing system in construction in the implementation of investment and construction projects

UDC 658: 69: 338.4
DOI: 10.36871/u.i.k.2025.01.01.003

Authors

Ivan V. Smirnov,
Anabion Biotech Production QFZ, Doha, Qatar

Abstract

In modern conditions characterized by crisis trends in the country’s economy, the construction industry in Russia faces numerous risks and threats caused not only by the instability of the financial system, but also by the emergence of new technologies in construction, on the one hand, and the cessation of supplies of imported equipment to Russia, on the other. At the same time, construction continues to play a significant role in the economy of the Russian Federation, as the tasks of providing affordable and comfortable housing for the country’s residents, as well as implementing investment projects in the field of infrastructure construction and urban development remain unresolved. In these conditions, the problems of pricing in the implementation of investment and construction projects are becoming increasingly relevant. The need to reform the Russian pricing system in construction is due not only to the insufficient effectiveness of current cost estimation methods, but also to the increased level of corruption risks in this industry. The article examines the current problems of the pricing system in construction, and assesses the reforms that are already being implemented in Russia. The author pays special attention to measures to reduce corruption risks in the construction industry. The author of the article analyzes the international experience in managing construction costs using new technologies such as BIM and blockchain, suggests alternative approaches to determining the estimated cost of construction and develops recommendations for the implementation of these approaches in Russian practice. The article will be useful for specialists in the field of construction, project management, as well as government agencies involved in regulating construction activities. The author’s recommendations can be used to improve the pricing system in construction and increase the efficiency of investment and construction projects in Russia.

Keywords

blockchain technology, investment and construction project, lump sum contract, corruption risk, risk, estimate, construction estimate, construction, pricing, BIM technology.