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Building Quote abbreviation PC SUM?
I have a builders quote for various minor works
Most of the items are £YYY +VAT But replacing some rotten wood in a car port is priced as £XXX +VAT-PC SUM in this context what is PC SUM? There is an overall condition covering all items that is PRICES INCLUDES LABOUR, MATERIALS, REQUIRED ACCESS AND REMOVAL OF SPOILS FROM SITE -- Chris B (News) |
Building Quote abbreviation PC SUM?
On Wednesday, March 20, 2019 at 9:12:05 AM UTC, Chris B wrote:
I have a builders quote for various minor works Most of the items are £YYY +VAT But replacing some rotten wood in a car port is priced as £XXX +VAT-PC SUM in this context what is PC SUM? There is an overall condition covering all items that is PRICES INCLUDES LABOUR, MATERIALS, REQUIRED ACCESS AND REMOVAL OF SPOILS FROM SITE -- Chris B (News) Prime Cost Sum Presumably he has quotedvcfor the work on a PC basis and is noe changing the price to time and materials less the quoted PC sum |
Building Quote abbreviation PC SUM?
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Building Quote abbreviation PC SUM?
On 20/03/2019 10:23, TimW wrote:
On 20/03/2019 09:39, Chris B wrote: On 20/03/2019 09:25, wrote: On Wednesday, March 20, 2019 at 9:12:05 AM UTC, Chris B wrote: I have a builders quote for various minor works Most of the items are £YYY +VAT But replacing some rotten wood in a car port is priced as £XXX +VAT-PC SUM in this context what is PC SUM? There is an overall condition covering all items that is PRICES INCLUDES LABOUR, MATERIALS, REQUIRED ACCESS AND REMOVAL OF SPOILS FROM SITE -- Chris B (News) Prime Cost Sum Presumably he has quotedvcfor the work on a PC basis and is noe changing the price to time and materials less the quoted PC sum Thank you. Just done a google on Prime Cost Sum and it all makes sense. When we viewed the job we agreed that the full extent of the repair might not be visible until the job was well underway. With that information I think the line item should be £XXX +VAT (PC SUM) ie not plus VAT minus PC SUM For a builder 'PC Sum' = a guesstimate. And it always costs more than you think. I wouldn't read any more into it than that. TW It sometimes means Provisional Cost, and is an "allowance" in cases where the exact cost is not known. For example, the builder may be sub-contracting some work to an electrician, and is putting a guesstimated amount in to cover that aspect of the job. The actual cost will depend on what the electrician charges. -- Cheers, Roger ____________ Please reply to Newsgroup. Whilst email address is valid, it is seldom checked. |
Building Quote abbreviation PC SUM?
In message , Chris B
writes With that information I think the line item should be £XXX +VAT (PC SUM) ie not plus VAT minus PC SUM Surely, the minus is not intended as a minus, but as an explanatory dash - like this. -- Bill |
Building Quote abbreviation PC SUM?
On 20/03/2019 09:12, Chris B wrote:
I have a builders quote for various minor works Most of the items are £YYY +VAT But replacing some rotten wood in a car port is priced as £XXX +VAT-PC SUM in this context what is PC SUM? Heads I win, Tails you lose. There is an overall condition covering all items that is PRICES INCLUDES LABOUR, MATERIALS, REQUIRED ACCESS AND REMOVAL OF SPOILS FROM SITE |
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