New rules of measurement > Order of cost estimating and elemental cost planning
Status of RICS NRM
01 May 2009
These measurement rules have the same status as RICS guidance notes. The rules provide advice to RICS members on aspects of the profession ...
NRM Order of cost estimating and elemental cost planning pdfs
01 May 2009
Pdfs of the printed version of sections of NRM: Order of cost estimating and elemental cost planning are also available to download. They may vary in format from the way the information is presented on isurv ...
NRM: Order of cost estimating and elemental cost planning provides fundamental guidance on the quantification of building works for the purpose of preparing cost estimates and cost plans. 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, is also provided - i.e. preliminaries, overheads and profit, risk allowances, inflation, and other project costs.
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Resources
- Glossary
- RICS practice standards
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Worksmart tools
- Contract Administrator
- ProForms
- Survey Writer
- Introduction
- Part 1: General
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Part 2: Measurement rules for order of cost estimating
- 2.1 Introduction to Measurement rules for order of cost estimating
- 2.2 Purpose of an order of cost estimate
- 2.3 Information requirements for order of cost estimates
- 2.4 Constituents of an order of cost estimate
- 2.5 Measurement rules for building works
- 2.6 Elemental method
- 2.7 Unit rates and element unit rates (EURs) used to estimate the cost of building works
- 2.8 Updating unit rates and other costs to current estimate base date
- 2.9 Cost estimate for main contractor's preliminaries
- 2.10 Cost estimate for main contractor's overheads and profit
- 2.11 Project/design team fees
- 2.12 Other development/project costs
- 2.13 Risk allowances
- 2.14 Inflation
- 2.15 Value Added Tax (VAT) assessment
- 2.16 Other considerations
- 2.17 Reporting of order of cost estimates
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Part 3: Measurement rules for elemental cost planning
- 3.1 Introduction to Measurement rules for elemental cost planning
- 3.2 Purpose of elemental cost planning
- 3.3 Constituents of an elemental cost plan
- 3.4 Formal cost planning stages
- 3.5 Reviewing and approving cost plans
- 3.6 Cost control in procurement
- 3.7 Building projects comprising multiple buildings
- 3.8 Information requirements for formal cost plans
- 3.9 Format, structure and content of elemental cost plans
- 3.10 Measurement rules for building works
- 3.11 Unit rates used to estimate the cost of building works
- 3.12 Updating unit rates and other costs to current estimate base date
- 3.13 Cost estimate for main contractor's preliminaries
- 3.14 Cost estimate for main contractor's overheads and profit
- 3.15 Project/design team fees
- 3.16 Other development/project costs
- 3.17 Risk allowances
- 3.18 Inflation
- 3.19 Value Added Tax (VAT) assessment
- 3.20 Other considerations
- 3.21 Reporting of elemental cost plans
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Part 4: Tabulated rules of measurement for elemental cost planning
- 4.1 Introduction to Tabulated rules of measurement for elemental cost planning
- 4.2 Use of tabulated rules of measurement for elemental cost planning
- 4.3 Work not covered by the rules of measurement for elemental cost planning
- 4.4 Method of codifying elemental cost plans
- 4.5 Method of codifying elemental cost plans for works packages
- Group elements
- Group element 1: Substructure
- Group element 2: Superstructure
- Group element 3: Internal finishes
- Group element 4: Fittings, furnishings and equipment
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Group element 5: Services
- Element 5.1: Sanitary appliances
- Element 5.2: Services equipment
- Element 5.3: Disposal installations
- Element 5.4: Water installations
- Element 5.5: Heat source
- Element 5.6: Space heating and air conditioning
- Element 5.7: Ventilation systems
- Element 5.8: Electrical installations
- Element 5.9: Gas and other fuel installations
- Element 5.10: Lift and conveyor installations
- Element 5.11: Fire and lightning protection
- Element 5.12: Communication, security and control systems
- Element 5.13: Specialist installations
- Element 5.14: Builder's work in connection with services
- Element 5.15: Testing and commissioning of services
- Group element 6: Complete buildings and building units
- Group element 7: Work to existing buildings
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Group element 8: External works
- Element 8.1: Site preparation works
- Element 8.2: Roads, paths and pavings
- Element 8.3: Planting
- Element 8.4: Fencing, railings and walls
- Element 8.5: Site/street furniture and equipment
- Element 8.6: External drainage
- Element 8.7: External services
- Element 8.8: Minor building works and ancillary buildings
- Group element 9: Facilitating works
- Group element 10: Main contractor's preliminaries
- Group element 11: Main contractor's overheads and profit
- Group element 12: Project/design team fees
- Group element 13: Other development/project costs
- Group element 14: Risks
- Group element 15: Inflation
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Appendices
- Appendix A: Core definition of gross internal area (GIA)
- Appendix B: Commonly used functional units and functional units of measurement
- Appendix C: Core definition of net internal area (NIA)
- Appendix D: Special use definitions for shops
- Appendix E: Measurement rules for elemental method of estimating
- Appendix F: Logic and arrangement of levels 1 to 3 for elemental cost planning
- Appendix G: Information requirements for formal cost plans
- Appendix H: Template for elemental cost plan (based on level 1 codes)
- Appendix I: Template for elemental cost plan (based on level 2 codes)
- Bibliography