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RICS new rules of measurement order of cost estimating and elemental cost planning

By: Language: English Publication details: Coventry RICS 2009Edition: 1st edDescription: vi, 310p. ill. 30cmISBN:
  • 9781842194461
Subject(s): LOC classification:
  • 692.3095
Partial contents:
Foreword -- Introduction -- Part 1, general: introduction; order of cost estimating and elemental cost planning in context with the RIBA Plan of Work and OGC Gateway Process; symbols, abbreviations and definitions
Part 2, measurement rules for order of cost estimating: introduction; purpose of an order of cost estimate; information requirements for order of cost estimates; constituents of an order of cost estimate; measurement rules for building works; elemental method; unit rates and element unit rates (EURs) used to estimate the cost of building works; updating unit rates and other costs to current estimate base date; cost estimate for main constractor's preliminaries; cost estimate for main contractor's overheads and profit; project/design team fees; other development/project costs; risk allowances; inflation; Value Added Tax (VAT) assessment; other considerations; reporting of order of cost estimates
Part 3, measurement rules for elemental cost planning: introduction; purpose of elemental cost planning; constituents of an elemental cost plan; formal cost planning stages; reviewing and approving cost plans; cost control in procurement; building projects comprising multiple buildings; information requirements for formal cost plans; format, structure and content of elemental cost plans; measurement rules for building works; unit rates used to estimate the cost of building works; updating unit rates and other costs to current estimate base date; cost estimate for main contractor's preliminaries; cost estimate for main contractor's overheads and profit; project/design team fees; other development/project costs; risk allowances; inflation; Value Added Tax (VAT) assessment; other considerations; reporting of elemental cost plans
Part 4, tabulated rules of measurement for elemental cost planning: introduction; use of tabulated rules of mesurement for elemental cost planning; work not covered by the rules of measurement for elemental cost planning; method of codifying elemental cost plans; method of codifying elemental cost plans for works packages; tables -- Appendices -- Bibliography -- Index
Summary: Provides fundamental guidance on the quantification of building works for the purpose of preparing cost estimates and cost plans. Also provides direction on how to quantify other items forming part of the cost of a construction project, but which are not reflected in the measurable building work items (e.g. preliminaries, overheads and profit, project team and design team fees, risk allowances, inflation etc.). Although the Rules are based on UK practice, the requirements for a coordinated set of rules and underlying philosophy behind each section have worldwide application.
Holdings
Item type Current library Call number Copy number Status Barcode
Archive London RICS Boxes RICS 2009/9 (Browse shelf(Opens below)) 1 Available 30076184
Reference material London Books F690.3095 ROY (Browse shelf(Opens below)) 1 Available 30076185
Book London Folio F690.3095 ROY (Browse shelf(Opens below)) 2 Available 30076186

Foreword -- Introduction -- Part 1, general: introduction; order of cost estimating and elemental cost planning in context with the RIBA Plan of Work and OGC Gateway Process; symbols, abbreviations and definitions

Part 2, measurement rules for order of cost estimating: introduction; purpose of an order of cost estimate; information requirements for order of cost estimates; constituents of an order of cost estimate; measurement rules for building works; elemental method; unit rates and element unit rates (EURs) used to estimate the cost of building works; updating unit rates and other costs to current estimate base date; cost estimate for main constractor's preliminaries; cost estimate for main contractor's overheads and profit; project/design team fees; other development/project costs; risk allowances; inflation; Value Added Tax (VAT) assessment; other considerations; reporting of order of cost estimates

Part 3, measurement rules for elemental cost planning: introduction; purpose of elemental cost planning; constituents of an elemental cost plan; formal cost planning stages; reviewing and approving cost plans; cost control in procurement; building projects comprising multiple buildings; information requirements for formal cost plans; format, structure and content of elemental cost plans; measurement rules for building works; unit rates used to estimate the cost of building works; updating unit rates and other costs to current estimate base date; cost estimate for main contractor's preliminaries; cost estimate for main contractor's overheads and profit; project/design team fees; other development/project costs; risk allowances; inflation; Value Added Tax (VAT) assessment; other considerations; reporting of elemental cost plans

Part 4, tabulated rules of measurement for elemental cost planning: introduction; use of tabulated rules of mesurement for elemental cost planning; work not covered by the rules of measurement for elemental cost planning; method of codifying elemental cost plans; method of codifying elemental cost plans for works packages; tables -- Appendices -- Bibliography -- Index

Provides fundamental guidance on the quantification of building works for the purpose of preparing cost estimates and cost plans. Also provides direction on how to quantify other items forming part of the cost of a construction project, but which are not reflected in the measurable building work items (e.g. preliminaries, overheads and profit, project team and design team fees, risk allowances, inflation etc.). Although the Rules are based on UK practice, the requirements for a coordinated set of rules and underlying philosophy behind each section have worldwide application.

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