ABSTRACT
Estimating by means of priced approximate quantities is always more accurate than by using overall building prices per square metre. Prices given in this section, which is arranged in elemental order, are derived from the Prices from Measured Works section, but also include for all the incidental items and labours which are normally measured separately in Bills of Quantities. They have been established with a tender price level of 453. They include overheads and profit but do not include for main contractors preliminaries, an example of which is given in an earlier section, and which in the current tendering climate amount to approximately 11% of the value of the measured works.
