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Rates For Construction
Rates For Construction
CIVE2660
Integrated Design Project
Rates for Costing
The following figures are the approximate costs of carrying out various construction activities (not
all the rates will be relevant to your particular project). They include an allowance for contractor’s
profits and overhead costs.
These figures (or “rates” as they are usually known) are to be used for the Initial Cost Estimate
exercise for your selected steel or concrete solution. You are to use the Bill of Quantities form for
this exercise.
Formwork
1. All the items shown below include batching the concrete or grout, mixing, transport to site,
placing, compaction, finishing and curing.
2. Unless stated otherwise, the following rates are for in-situ cast concrete grade C30/37 and
C35/45 (cylinder strength/cube strength) with 20mm maximum aggregate size, 100% CEMI
(i.e. 100% Portland Cement) with no admixtures.
Precast Concrete
Unless stated otherwise, the following rates are per m 2 (plan area) of precast prestressed
concrete floor units including delivery to site, fixing in place and the provision of a surface
screeding and ceiling finishes.
Steel Reinforcement
1. All the items shown below include cutting and bending the reinforcement, delivering the
reinforcement to site; fixing the reinforcement including the provision and use of tie wire.
2. Unless stated otherwise, the following rates are for grade 460/500 high yield carbon steel
reinforcement (similar rates may be used for grade 250 carbon steel. For stainless steel
reinforcement, the rates shown below x 4 may be used.
Additions
Site erection costs (to be added on to the above costs) tonne 200
The basic cost = the sum of all the calculated costs using the rates quoted above.
The basic cost is to be increased by the following amounts to give the total project cost:
c). Design Costs: add 8% of the basic cost (this allows for architect’s, building services
engineer’s and structural engineer’s fees)
d). Contingency Sum (This sum provides a reasonable amount of money in the
contract between the Client and the Contractor to cater for the cost of unforeseen
variations in construction that occur on site. In practice the actual amount paid to
the contractor will depend on the extent of the variations on site): allow for 10% of
the basic cost.
The total project cost does not include the cost of the land and all the costs associated
with the planning process and legal fees. These may be ignored for the purposes of this
exercise.