Would love a video about descriptions Duncan, i.e using the NRM1 and putting descriptions against the works/items. Everyone seems to write them different somewhat, especially stairs!
@@duncancartlidgeonline2457 1.At OCE last stage I am stuck with construction inflation My tender starts on November 2024 Pre construction period -1 year Construction period is 2 year So how construction inflation is calculating? 2.In addition,Trying to work out the risk allowance estimate i got less than 3% on average. Can I still take this or not?
1. Calculate the inflation to a mid point of the contract term. You'll need to estimate what the inflation rate is likely to be. 2. This depends on the nature of the project.@@leebababu8219
Would love a video about descriptions Duncan, i.e using the NRM1 and putting descriptions against the works/items. Everyone seems to write them different somewhat, especially stairs!
OK we'll have a look at this.
@@duncancartlidgeonline2457 Brilliant, many thanks.
Hi
I am currently studying MSc in Quantity surveying. I have some doubts. Can you please clarify it?
Hi
What exactly to you have doubts about?
@@duncancartlidgeonline2457
1.At OCE last stage I am stuck with construction inflation
My tender starts on November 2024
Pre construction period -1 year
Construction period is 2 year
So how construction inflation is calculating?
2.In addition,Trying to work out the risk allowance estimate i got less than 3% on average. Can I still take this or not?
1. Calculate the inflation to a mid point of the contract term. You'll need to estimate what the inflation rate is likely to be.
2. This depends on the nature of the project.@@leebababu8219
@@duncancartlidgeonline2457 😊