Level 2 - Dev Row Bar (Elemental Cost Plan) Flashcards
1
Q
What would include in the assumptions section of a cost plan?
A
The basis of the costs
What design information has been used
Preliminaries Allowances
Assumed scope of works
Provisional allowances - lack of scope
Materiality assumptions made where lack of define specifications
Assumed procurement and tendering strategy
2
Q
What would include in the Exclusions section of a cost plan?
A
Typical Exclusions
Professional Fees Project Insurances VAT Capital Allowances Inflation beyond that stated Local Authority Charges - road closures etc Out of Hours Working Asbestos Removal Cost implications associated with Brexit or Covid
