User Avatar

What are CECA Rates?

In this course you’ll learn what CECA rates are, where the Schedules of Dayworks and Contractors Equipment Rates come from, and why the industry treats them as a benchmark when a contract has not fixed a rate.

20 minutes
1 video
1 transcript
key points
1 quiz

What you will work through

1 of 4
WatchVideoThe core idea explained, step by step.
2 of 4
ReadTranscriptThe full transcript, to go back over the detail.
3 of 4
Take inKey pointsThe key points, ready for revision.
4 of 4
Quiz1 quizPass to earn your CPD certificate.

In this course you’ll learn what CECA rates are, where the Schedules of Dayworks and Contractors Equipment Rates come from, and why the industry treats them as a benchmark when a contract has not fixed a rate.

You’ll also see how a Quantity Surveyor puts them to work in practice, from assessing compensation events and Contract Data Part 2 adjustments through to benchmarking plant costs and avoiding double-counting profit.

 

What Does This Course Entail?

One Video

One Detailed Transcription

Key Points

One Quiz

 

How Long Will This Course Take?

20 minutes

Curriculum

  • 1 Section
  • 2 Lessons
  • Lifetime
Expand all sectionsCollapse all sections