JTG M20-2011
Standard Method of Cost Estimation for Highway Infrastructure Projects (English Version)

Standard No.

JTG M20-2011

Language

Chinese, Available in English version

Release Date

2011

Published By

Professional Standard - Traffic

Status

Be replaced 2019-05

Replace By

JTG 3820-2018

Latest

JTG 3820-2018

Scope

1. Investment estimation is an important part of the project proposal and project feasibility study report, and is a key part of the expenditure in the economic evaluation of the construction project. In order to build a conservation-oriented highway industry, adapt to the needs of the development of highway transportation construction, reasonably determine and effectively control project costs in the early stage of highway construction projects, improve the quality of the preparation of investment estimates for highway construction projects, and standardize the preparation of investment estimation documents, the "Basic Guidelines for Highway Engineering Measures for the Preparation of Investment Estimates for Construction Projects (hereinafter referred to as these Measures). 2. This method applies to the preparation and management of investment estimates for newly built and reconstructed highway engineering capital construction projects. The specific calculation methods and billing standards are formulated by the transportation authorities of each province, autonomous region, and municipality directly under the Central Government. 3. The investment estimate should be based on the depth of work in the project proposal and project feasibility study report, verify the project and its quantity, and combine it with the construction conditions of the project location, in accordance with the current "Highway Project Estimation Index" (JTG/T M21) and these Measures preparation of regulations. 4. The preparation of investment estimates must strictly implement national guidelines, policies and relevant regulations, and should comply with highway engineering industry standards and regulations. The quality requirements that investment estimation documents should meet are: compliance with regulations, reality-based, economical and reasonable, timely submission, no duplication and no omissions, correct calculations, clear handwriting, and neat and complete binding. 5. Investment estimates should be prepared by design and engineering (cost) consulting units with corresponding qualifications. The preparation and review personnel must hold a highway project cost personnel professional qualification certificate and be responsible for the quality of the preparation of project cost documents. 6. When a construction project is jointly designed by two or more design (consulting) units, each design (consulting) unit shall be responsible for preparing the individual or unit project investment estimate for the design undertaken, and the main design (consulting) unit shall be responsible for the preparation principle. coordinate and unify the basis, engineering equipment and material prices, charging standards, etc., compile the overall estimate, and be responsible for the quality of all estimate preparations. 7. Design (consulting) units should strengthen economic management of capital construction, equip and enrich highway project cost personnel, and effectively invest

JTG M20-2011 history

• 2019 JTG 3820-2018 Method for Compiling Investment Estimation of Highway Engineering Construction Projects
• 2011 JTG M20-2011 Standard Method of Cost Estimation for Highway Infrastructure Projects

JTG M20-2011 Standard Method of Cost Estimation for Highway Infrastructure Projects was changed to JTG 3820-2018 Method for Compiling Investment Estimation of Highway Engineering Construction Projects.