Pc sums uk. Let’s return to our window example here.



Pc sums uk. Apr 17, 2024 · Discover what Provisional Sums and Prime Cost Sums are and uncover the differences between them both. PC Sums are normally associated with an average cost of a specific item, whereas Provisional Sums are estimated allowances for work not measured. Dec 13, 2021 · Client PC Sums: Where the client provides an amount to be added for works yet to be fully defined and asks the Contractor to add Mark-up. Thanks. PC Sums are normally used when the precise quality or specification of those materials and goods are unknown at the time of obtaining a price from a contractor. They both relate to allowances made for certain costs in the absence of exact figures, but they are Practical Implications for Construction Businesses For UK-based construction businesses, managing Prime Cost Sums effectively can significantly impact project success. Aug 26, 2025 · Provisional Cost sums can quietly undermine your profit margin, create client confusion and open the door to disputes. Feb 17, 2020 · What Is The Prime Cost Sum In Construction? What Is The Prime Cost Sum In Construction? A prime cost sum (PC or PC sum) is an allowance, usually calculated by the cost consultant, for the supply of work or materials to be provided by a contractor or supplier that will be nominated by the client. In this case, the eventual cost will largely come down to the invoice from the supplier/manufacturer. PC Sum or otherwise referred to as Prime Cost Sum reflects the material allowance being made in the rate for a specific item. Oct 2, 2020 · Valuing prime costs sums When drawing up a PC sum, the surveyor or contractor will draw on experience and known rates to try to generate a reasonably accurate quote. In short, the key difference is that Provisional Sum covers BOTH labour and materials, whereas Prime Cost Sums (PC Sums) include the material ONLY with the labour component included as part of fixed price elsewhere. Sep 16, 2019 · What is a Prime Cost Sum and how does it differ from a Provisional Sum? Furthermore, why do developers and clients request them? Read this article for more. What is a Prime Cost Sum (PC Sum)? A PC Sum is a budget which is typically set by the Quantity Surveyor which should be expended on the supply only costs for materials or goods. There is sometimes confusion regarding two items that may appear in standard forms of building contract – prime cost sums (PC or PC sums) and provisional sums (PS). Allowance for the provisional sums is pre-determined by the owner’s cost consultant PC Sums are normally associated with an average cost of a specific item whereas Provisional Sums are estimated allowances. In this blog, we’ll explore how PC sums work, why they’re so commonly misused and how builders are losing thousands because of them. The difference between a prime cost sum and a provisional sum - Designing Buildings - Share your construction industry knowledge. Dec 28, 2020 · A provisional sum is an allowance (lump sum) included in the contract for a work which is either: Not fully designed, does not have enough information for the bidder to accurately price; or Works, for which the Employer intends to, keep a discretion, for carrying out the works in full, part or not at all. Here are some practical tips: Detailed Documentation: Ensure that all PC Sums are clearly documented within the contract, specifying the items or works they cover. Let’s return to our window example here. More importantly, we’ll explain how accurate construction estimating, material takeoffs and localised estimating services can prevent Feb 4, 2023 · The PC Sum relates to a defined item, the precise specification for which was fairly obvious and just needing rounding out. Let's look the usage of these two terms in the Construction environment. . 9hor iqjzjbs igsp qclc iqmt qw2pw iy4ovuw eintok dsxn adpqdq