The cost of maintenance work

Citation

(2000), "The cost of maintenance work", Property Management, Vol. 18 No. 4. https://doi.org/10.1108/pm.2000.11318dab.014

The cost of maintenance work

The cost of maintenance work

Keyword: Maintenance costs

The drive for value for money and best value delivery across the entire built estate has highlighted the need for reliable independent cost advice at the most detailed level.

The BMI Building Maintenance Price Book 2000 provides just such independent guidance. It is the only annual guide to estimating and pricing exclusively for building maintenance, repairs and rehabilitation and is available as part of the BMI subscription service, or individually priced £59.50, from BMI, 12 Great George Street, Parliament Square, London SW1P 3AD.

The Price Book covers all trades and includes:

1. 1.

   labour constants in hours for skilled and unskilled operatives;

2. 2.

   current prices for each item showing:

   • •

     total labour costs;

   • •

     total materials costs;

   • •

     all-in rate including labour, materials, overheads and profit;

3. 3.

   calculation of all-in labour costs for builders, plumbers and electricians;

4. 4.

   basic costs of materials;

5. 5.

   hire rates for plant;

6. 6.

   guidance on letting maintenance work and contract conditions.

The Price Book is used by several organisations as a schedule of rates for letting maintenance work and the results of these competitive exercises are used to ensure that the rates in the Price Book reflect the current market for this type of work.

Controlling maintenance expenditure will have a significant effect on any organisation's financial efficiency for, although money spent on maintenance is spent in small amounts, it all adds up so that nationally maintenance expenditure now represents over 5 per cent of the country's Gross Domestic Product.