Works cost estimate - Revision history

Designing Buildings at 06:55, 11 January 2021

2021-01-11T06:55:15Z

← Older revision		Revision as of 06:55, 11 January 2021
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	* Risk allowances.		* Risk allowances.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Designing Buildings at 10:05, 9 March 2020

2020-03-09T10:05:28Z

← Older revision		Revision as of 10:05, 9 March 2020
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	According to NRM1: Order of cost estimating and cost planning for capital building work, the term 'works cost estimate' refers to:		According to NRM1: Order of cost estimating and cost planning for capital building work, the term 'works cost estimate' refers to:

−	'...the combined total estimated cost of the building works estimate, the main contractor’s preliminaries and the main contractor’s overheads and profit prepared using prices current at the time the estimate is prepared (or updated).The works cost estimate contains no allowance for project/design team fees, other development/project costs, risk ~~allowances, tender inflation and construction inflation~~.'	+	'...the combined total estimated cost of the building works estimate, the main contractor’s preliminaries and the main contractor’s overheads and profit prepared using prices current at the time the estimate is prepared (or updated).The works cost estimate contains no allowance for project/design team fees, other development/project costs, risk.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Base cost estimate.		* Base cost estimate.

Designing Buildings at 07:16, 7 May 2018

2018-05-07T07:16:34Z

← Older revision		Revision as of 07:16, 7 May 2018
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	* Preliminaries.		* Preliminaries.
	* Risk allowances.		* Risk allowances.
−	* Works cost estimate.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings: Created page with "The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost plann..."

2018-05-07T07:16:21Z

Created page with "The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost plann..."

New page

The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.

According to NRM1: Order of cost estimating and cost planning for capital building work, the term 'works cost estimate' refers to:

'...the combined total estimated cost of the building works estimate, the main contractor’s preliminaries and the main contractor’s overheads and profit prepared using prices current at the time the estimate is prepared (or updated).The works cost estimate contains no allowance for project/design team fees, other development/project costs, risk allowances, tender inflation and construction inflation.'

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Base cost estimate.
* Building works estimate.
* Cost breakdown structure.
* Cost estimate.
* Inflation.
* Initial cost appraisals.
* NRM1.
* Overheads and profit.
* Preliminaries.
* Risk allowances.
* Works cost estimate.

[[Category:Cost_/_business_planning]]