chapter  7
128 Pages

The calculation of unit rates for construction work

Whilst the value of certain aspects of the tender figure, such as Preliminaries, profit, overheads, adjustments in respect of fluctuation clauses, etc. are, to say the least, 'arbitrary'; the pricing of the individual work sections within the bill of quantities presents the estimator with a much more straightforward and 'mechanical' approach although the element of 'assumption' is far from being removed entirely! However from the bill descriptions he will know precisely what is required from the point of view of the work to be done and the type and quality of materials to be used, and if the bill has been prepared in accordance with the Standard Method, there will be no ambiguity or confusion regarding the nature or quantity of work to be carried out on that contract.