The priced schedule for B99 Malthouse Block
The formal commercial schedule that accompanies the tender. Measured works are priced by section with all-in unit rates inclusive of labour, materials, plant, overhead and profit. The section subtotals reconcile to the tender letter and to the Cost Stack build-up, with no internal rates reverse-engineerable from the client-facing figures.
- Prepared for
- Grimshaw & Bolt Ltd
- Site
- Kettlewick College, Somerset
- Reference
- ITT KW-2026-4471
- Basis
- Fixed lump sum, excl. VAT
- Prepared by
- BuiltAI Intelligence Ltd
- Revision
- Rev 1
Illustrative example: fictional project and parties.
Tender total at a glance
The fixed total of £481,954.33, excluding VAT, is allocated across the sections of the design pack Bill structure. Section F, mechanical and public health, carries the bulk of the measured works.
| Sec | Description | Section total |
|---|---|---|
| A | Preliminaries and general conditions | £51,525.60 |
| B | Surveys and investigations | £8,298.32 |
| C | Strip-out, removal, demolition | £26,376.53 |
| D | Builders' work in connection | £29,596.31 |
| E | Testing, commissioning, handover | £27,601.09 |
| F | Mechanical and public health services | £296,990.48 |
| G | Electrical services | £24,066.00 |
| H | Statutory notifications and permits | nil |
| I | Provisional sums | £17,500.00 |
| Fixed tender total, excl. VAT | £481,954.33 | |
Representative priced lines
Five of the 84 priced lines, shown at the all-in tender rate. Rates are inclusive of labour, materials, plant, overhead and profit; the internal build-up is not exposed on the client-facing schedule.
| Ref | Description | Qty | Unit | Line total |
|---|---|---|---|---|
| F1.1 | IDEAL EVO Max 2 boiler, supply and install | 1 | No. | £28,340.18 |
| C7.1 | LARC asbestos removal, thermal insulation residue | 1 | LS | £11,817.83 |
| A6.3 | Mobile crane and lifting rig, Phase 4 lift-in | 1 | LS | £9,579.92 |
| F12.5 | Phenolic insulation to primary LTHW pipework | 65 | LM | £3,326.63 |
| G1.1 | Schneider Acti 9 distribution board and connection | 1 | No. | £3,276.02 |
Pricing basis: fixed lump sum at the baseline specification; daywork per JCT Intermediate 2016 for instructed variations only; retention 3%; payment monthly at 21 days; validity 90 working days.
Provisional sums, Section I
Section I carries £17,500 of client-led provisional sums, drawn down only on instruction. They are held against defined contingencies rather than spread through the rates, so the fixed measured works stay clean.
| Ref | Provisional sum | Value |
|---|---|---|
| I1.1 | Additional tests and samples | £1,500.00 |
| I2.1 | Plant selection changes | £4,000.00 |
| I3.1 | Flue alternative routing if chimney rejected | £6,000.00 |
| I4.1 | Replacement lighting | £1,000.00 |
| I5.1 | Replacement fire alarm | £500.00 |
| I6.1 | Replacement sub-main and re-wiring | £2,000.00 |
| I7.1 | General project contingency | £2,500.00 |
| Total provisional sums | £17,500.00 | |
Value engineering options
Six options are offered as alternatives to the baseline specification, each electable individually or in combination. The aggregate maximum saving is £56,736.86, taking the net tender sum to £425,217.47 if all are accepted.
| Option | Alternative | Saving |
|---|---|---|
| VE 1 | Thermal store consolidation | £9,122.00 |
| VE 2 | DHW PHE consolidation, foregoing N+1 | £24,200.00 |
| VE 3 | Flue fire rating, 3-hour | £3,000.00 |
| VE 4 | DHW PHE supplier substitution | £9,401.42 |
| VE 5 | Heating PHE format | £6,590.00 |
| VE 6 | Cold-water booster substitution | £4,423.44 |
| Maximum saving, all six | −£56,736.86 | |