ABSTRACT
The following explanations are given for each of the column headings and letter codes.
Unit
Prices for each unit are given as singular (i.e. 1metre, 1 nr) unless stated otherwise.
Net price
Industry tender prices, plus nominal allowance for fixings (unless measured separately), waste and applicable trade discounts.
Material cost
Net price plus percentage allowance for overheads (6%), profit (4%) and preliminaries (10%).
Labour norms
In man-hours for each operation.
Labour cost
Labour constant multiplied by the appropriate all-in man-hour cost based on gang rate (See also relevant Rates of Wages Section) plus percentage allowance for overheads, profit and preliminaries.
Measured work
Material cost plus Labour cost.
