Definition of prime cost of daywork carried out under a building contract
Definition of prime cost of daywork carried out under a building contract
- 3rd ed.
- London BCIS 2007
- 16p. 30cm.
Application -- Composition of total charges -- Labour: option A - percentage addition; option B - all-inclusive rates; non-productive overtime -- Materials and goods -- Plant -- Incidental costs, overheads and profit; non-productive overtime -- Appendix A: model documentation for inclusion in a building contract, where using option A and option B for labour -- Appendix B: example calculations of prime cost of labour in daywork
Operative from 1 September 2007, this fully revised edition of the definition provides clear rules for calculating a standard hourly base rate for labour for building contracts. The definition provides two options for dealing with the prime cost of labour. "Option A: percentage addition" is based upon the traditional method of pricing labour in daywork, whereas "Option B: all inclusive rates" includes not only the prime cost of labour but also includes an allowance for incidental costs, overheads and profits. Supersedes 2nd edition (ISBN 0854060596).
9781904829621
RICS DEFINITION OF PRIME COST OF DAYWORK CARRIED OUT UNDER A BUILDING CONTRACT
United Kingdom--
692.8 $2 18
Application -- Composition of total charges -- Labour: option A - percentage addition; option B - all-inclusive rates; non-productive overtime -- Materials and goods -- Plant -- Incidental costs, overheads and profit; non-productive overtime -- Appendix A: model documentation for inclusion in a building contract, where using option A and option B for labour -- Appendix B: example calculations of prime cost of labour in daywork
Operative from 1 September 2007, this fully revised edition of the definition provides clear rules for calculating a standard hourly base rate for labour for building contracts. The definition provides two options for dealing with the prime cost of labour. "Option A: percentage addition" is based upon the traditional method of pricing labour in daywork, whereas "Option B: all inclusive rates" includes not only the prime cost of labour but also includes an allowance for incidental costs, overheads and profits. Supersedes 2nd edition (ISBN 0854060596).
9781904829621
RICS DEFINITION OF PRIME COST OF DAYWORK CARRIED OUT UNDER A BUILDING CONTRACT
United Kingdom--
692.8 $2 18