Elemental Standard Form of Cost Analysis

Principles, Instructions, Elements and Definitions 4th (NRM) Edition

RICS

Elemental Standard Form of Cost Analysis

Elemental Standard Form of Cost Analysis

Principles, Instructions, Elements and Definitions
4th (NRM) Edition
Published by BCIS RICS 2012 ISBN 978 1 907196 29 4 First Edition 1961 Second Edition 1969 (Reprinted 2003) Third Edition 2008

BCIS Parliament Square London SW1P 3AD www.bcis.co.uk BCIS is the Building Cost Information Service of RICS

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior permission of the Copyright owner. While all reasonable care has been taken in the compilation of this document, BCIS, The Royal Institution of Chartered Surveyors and the compilers will not be under any legal liability in respect of any mis-statement, error or omission contained therein or for the reliance any person may place thereon.

Contents
Preface 1. Introduction 2. Principles of Analysis 3. Instructions
3.1 Ancillary information 3.2 Cost analysis 3.3 Element unit quantities 3.4 Specification 3.5 Credits 3.6 Drawings

3 5 7
9 11 12 12 12 12

4. Definitions 5. Element Definitions

0 Facilitating Works 1 Substructure 2 Superstructure 3 Finishes 4 Fittings, Furnishings and Equipment 5 Services 6 Prefabricated Buildings and Building Units 7 Work to Existing Building 8 External Works 9 Main Contractors Preliminaries 10 Main Contractors Overheads and Profit 11 Project/Design Team Fees 12 Other Development/Project Costs 13 Risk (Clients Contingencies)

13 17
17 20 22 33 35 37 54 55 56 64 64 64 65 65

6. Levels of Analyses 7. Analysis Forms 8. BCIS Analyses XML Schema Appendices

Appendix 1: Summary of Element Definitions and Measurement Appendix 2: Recommended Functional Units

66 67 89
91 93

Bibliography Index

96 97

RICS

Elemental Standard Form of Cost Analysis