Discover our pricing structures
Every project requires tailored pricing, and we’re delighted to offer our services throughout multiple mediums.
Lump sum, schedule of rates & day labour are common arrangements with our clients, but we are malleable towards any variations that you require.
Lump-Sum
A lump sum contract provides a fixed price for completing a construction project. Also called a stipulated sum contract, this type of construction agreement provides simplicity for both owners and contractors, and it’s often used for projects with a clear scope of work.
Day Labour
A day labour contract is a construction agreement in which the client pays the contractor for labour costs on a project. Unlike lump sum contracts, a daywork contract reflects the actual time spent on a project rather than a fixed fee. Often used when the scope of work, or the project duration, is uncertain — or when changes are likely to occur during the project. For projects with high uncertainty, daywork contracts provide greater flexibility and transparency.
Schedule Of Rates
A schedule of rates is a table of rates for specific activities that can be used to negotiate commercial terms when the broad activities are known but not the precise quantities. Schedule of rates contracts lend themselves to be used in two different situations. First, when the precise quantity of work cannot be assessed up front in order to allow a lump sum pricing to be quoted, and second, where there is ad-hoc work which can be undertaken against a standing order at an agreed rate without the need for lump sum quotations.