Over the years, the National Schedules have become the industry standard used by a variety of Public and Private Clients. The Schedule of Rates is a pre-priced list of typical maintenance tasks that can be used together to calculate the value of repairs and maintenance works.
At the tender stage, the tenderers are all given the same base rates and they then adjust the rates by means of a percentage (added or deducted) to allow for such things as Overheads & Profit, Preliminary costs etc. This percentage adjustment allows the tenders to be quickly and easily analysed as all the tenderers are working to the same specification and service levels as each other so the only difference between them is the adjustment itself. Where there are buildings, there is a need to maintain them and that brings up the issue of procuring a contractor and obtaining value for money. The best ways to achieve this is by using a Measured Term Contract. “Measured” because the works are measured against a Schedule of Rates and “Term” because the contract runs for a fixed period time, typically 3 to 5 years.
The nature of repairs and maintenance means that it is never known exactly what works will be required during the contract period and comprehensive nature of the Schedules ensure the majority of scenarios are covered. Another benefit is that the repairs can be accurately priced before they are carried out and the building owner can go directly to the contractor knowing that they will work to the required standards and agreed costs, saving valuable time and expense. Our bespoke built software MTC QS is a time saving online estimating and quotation system, that is used by the construction industry for pricing maintenance and refurbishment works. MTC QS houses our Schedule of Rates data and it takes the effort out of finding prices, managing contracts and producing estimates and invoices, as well as its own reporting tools.
We produce a range of ten different schedules which encompass repairs and maintenance works for Building, Electrical, Mechanical Services, Highways, Painting and Decoration, Housing and Access and Adaptations works. The Building, Mechanical and Electrical Schedules follow the rules laid out in SMM7 (Standard Method of Measurement of Building Works) and with the introduction of the RICS New Rules of Measurement, we now also produce versions to follow NRM2.