Building a Schedule of Rates Item

Building a Schedule of Rates Item

In this course, we outline the essential process of creating a Schedule of Rates item — a crucial tool in construction when the scope of work is clear, but the exact quantities are uncertain.

Using a practical example of installing a 100mm pipe in an asphalt footway, we guide you step-by-step through:

✔ Defining scope clearly and comprehensively

✔ Breaking down cost elements (labour, plant, materials, subcontractors)

✔ Calculating productivity and cost per metre

✔ Applying realistic risk allowances

✔ Factoring in overheads and profit

✔ Arriving at a final Schedule of Rates figure

By the end, you’ll know how to price work confidently when quantities aren’t fixed — essential for frameworks, term contracts, and early-stage planning.

All rates and productivity assumptions are illustrative, but grounded in realistic site conditions. Whether you’re preparing for your APC, upskilling in commercial management, or simply refreshing your pricing knowledge, this bite-sized CPD course will sharpen your skills.

What Does This Course Include?

🎥 One Instructional Video

📝 One Detailed Transcription

📌 Key Takeaways Summary

🧠 One Quiz to Reinforce Learning

⏱️ How Long Will This Take?

Just 20 minutes. Ideal for a lunch break CPD boost.