Market
United Kingdom
Full RICS NRM support for UK quantity surveying: NRM1 order of cost estimates, NRM2 bill of quantities measurement, JCT and NEC4 contract administration, Construction Act payment mechanisms, CIS tax deduction, golden thread compliance, and the complete lifecycle from interim payment to final account.
Playbooks
10
Classification
NRM
Currency
GBP
VAT
20%
Demo projects
1
Playbooks for United Kingdom
Deduct CIS when you pay a subcontractor
Hand over a COBie facility export
Keep the golden thread on a higher-risk building
Measure a bill of quantities to NRM2
Price a variation and agree the extension of time
Produce an NRM1 order of cost estimate
Reach practical completion and settle the final account
Refer a payment dispute to adjudication
Run an interim payment under the Construction Act
Set the project up on a JCT or NEC4 contract
Exchange formats
- Excel/CSV Bill of Quantities (NRM format)
Markup cascade
Main Contractor's Preliminaries 13%, Overheads 5%, Profit 5%, Design Development Risk 3%, Construction Contingency 3%, VAT 20%
Source: RICS NRM1/NRM2
Classification standard
NRM
RICS New Rules of Measurement (NRM1/NRM2)
Demo projects
- Commercial, London