Plant Rates

Definition It is defined as the daily rental paid by contractor to machinery leasing company, which includes machinery rental rates and its installation, insurance on machinery, machinery operator daily hire rates and repair and maintenance, but exclude cost of diesel/petrol used and transport cost from machinery leasing company to construction site and back. Definition of Equipment Purchase Price

It is defined as the transaction price between the contractors and the suppliers under the normal credit terms specified and discount for an average contractor. It is inclusive of all necessary taxes if applicable payable to the government and the transportation costs within practicable distances as well as profit.

Objective The objective of the publication is to provide construction machinery rental rates and equipment purchase price information on regular basis to construction industry players, stake holders, and other agencies as that they would use the data as a reference in their costing, decision making as well as research.

Uses The data published in this publication could be used for the following purposes:-

1. To provide the construction industry on the current scenario on the construction machinery rental rates and equipment purchase price.
2. To track and analyse construction cost trend of rental rates of construction machinery and purchase price of construction equipment.
3. To be used in establishing machinery and equipment cost indices.

Material Rates

Definition It is defined as the transaction price between the contractors and the suppliers under the normal credit terms specified and discount for an average contractor. The size of the purchase shall normally be in bulk, taking care of normal discount given to its clients inclusive of all necessary taxes if applicable payable to the government and the transportation costs within practicable distances as well as profit.

Objective The objective of this publication is mainly to assist those who are involved in the construction industry to execute simple approximate estimates as estimating is the key to a successfully conceived, managed and completed project. In addition, it is also a function common to a broad spectrum of projects in which cost, other than time, must be managed. The primary function of an approximate estimate is essentially to produce forecast of the probable cost a future project before the facilities has been designed in detail and contract particulars prepared. In this way the person involve, either the investor or the building client, is aware of his financial commitments before extensive design work is undertaken.

Uses

1. To track the price level and market trend of Malaysian construction materials.
2. To enable contractors to use reliable and up-to-date information in their cost estimation.
3. To provide useful comparison of price level and market trend of construction materials cross region/state and time period. To give early warning signs of imbalance in market demand and supply of Malaysian construction materials.

Labour Rates

Definition It is defined as the basic cash wage per day (Basic cost to contractor) payable by building or civil engineering contractor to operative. The daily wage is for work done in a day of eight (8) working hours from 8.00 a.m. to 5.00 p.m, with one (1) hour lunch time in between. It is the cash wage payable to operative before any deduction for levy charges, accommodation, insurance, SOCSO, medical and transport charges.

Objective The objective of this publication is to provide some resources and information on the current construction workers' wage rates to be used as a guide for construction industry players, stake holder and as well as for public. These information and resources is of vital important in monitoring the construction workers' wage rates and it will enhance the construction industry information system.

Uses

1. To provide the construction industry on the current scenario on the construction workers' wage rate
2. To be used in establishing the built up rates in the construction industry
3. To provide as a guide for the basis of price negotiation on the labour wage rates between the project owners and the main contractors, and between the main contractors and their subcontractors
4. To be used in establishing labour cost indices