ABSTRACT
The labour rate basis is as per Mechanical above and to this rate has been added 12% plus 7% to cover site and head office overheads only (factory overhead is included in the material rate) and preliminary items together with 5% for profit, resulting in an inclusive rate of £30.72 per man hour. The rate has been calculated on a working year of 2,016 hours; a detailed build-up of the rate is given at the end of these directions.
