The study focuses on the analysis of pricing of construction products in the conditions of tender. The purpose of this article is to establish the cost of the construction of safe buildings. The subject is investment projects in building constriction in the regions of the Russian Federation. The research looks at organizational and economic relations and management processes associated with the formation of the value of investment projects for construction of permanent structures. The article analyzes the instruments used in value management in construction, including the pricing system, contract system and cost engineering. It is revealed that these tools do not ensure the safety of property. A modern approach to the concept of “cost engineering” as a tool of cost management, limits its use to the system of pricing of construction products that does not ensure their the safety in the conditions of tendering. The principles of fair price and non-price competition embodied in the current contract system does not solve the problem of the safety of real estate, because there is no limit to the reduction in the price of the contract. The authors reveal the imperfection of the contract system and the operating scheme tenders. The conclusion is that to ensure the safety of real estate it is necessary to consider the concept of “cost engineering” in a broader context, that is, to view it as a tool to control not only costs but also the market price and behavior of participants in competitive tenders. The article also analyzes tendering schemes in the West and in Russia. The authors developed a method to influence the behavior of participants in tenders and propose introducing the concept of “cost of security” into scientific discourse. The author proposed a system of tenders with the use of value engineering that ensures the safety of real estate throughout its construction and operation.
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