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Variation / Dayworks Valuation
RICS Definition of Prime Cost daywork valuation: labour, materials and plant prime cost plus contractor percentage additions.
The Ensign ToolboxVariation / Dayworks ValuationRICS Definition of Prime Cost daywork valuation: labour, materials and plant prime cost plus contractor percentage additions.
Section 1 — Labour
hr
£/hr
All-in base rate (prime cost of labour, Option A)
%
Contractor's % addition (Contract Particulars) — incidentals + OH&P
Section 2 — Materials & Goods
£
Invoice / trade price after discounts plus delivery
%
Contractor's % addition (Contract Particulars)
Section 3 — Plant
£
Hire / standing charge for the period on site
%
Contractor's % addition (Contract Particulars)
Enter a labour rate to value the daywork