Time-related charges in construction
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 NRM2: Detailed measurement for building works, a 'time-related charge' is for work, the cost of which is to be considered dependent on duration.
This is as opposed to a 'fixed charge', which is for work, the cost of which is to be considered independent of duration.
Charges may be fixed, time-related, or a combination of both.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Enabling better infrastructure
Insights from New York.
A quick introduction to a very complicated subject.
CIOB suggests the economic reach of construction is double the official figures.
Center for Sustainable Landscapes
The first US building to achieve BREEAM Outstanding In-Use.
70 buildings from 70 years of Concrete Quarterly. Book review.
An early stressed-skin structure
Conserving the iron roof at the Albert Dock.
People, principles and performance
Delivering an infrastructure revolution.
The admissibility of evidence.
How many can you name? 37 anyone?
CIOB respond to the points-based system.
When is the weather considered 'exceptionally adverse'?