A wide range of Cordell recipes includes install rates (from Models to Elementals). All Cordell rates are interconnected and consistent across all databases. Models contain elements, elements contain unit rates/complete rates and these contain components (labour, material, plant, and subcontract)
Important Note: Please check the labour rates category to view Cordell's benchmark for labour charge out rates within the Detailed databases and Remove and Replace (Labour Only). You can adjust Cordell's benchmark rates to suit site-specific construction. Some subcontractors will charge more and some will charge less - depending on their experience, skill and amount of work around.
Residential Subcontract labour charge out rates for Housing (adjustable database) = Elemental = Renovation = Remove and Replace (adjustable database) = Housing M2
Commercial Subcontract Labour charge out rates for Commercial (adjustable database) = Commercial M2
Recipes are benchmark costs to the construction industry and can be adjusted to suit site-specific. Please allow for height allowances/extra overs and cutting allowances.
Friendly Reminder: Please check your engineer's design and scope of the job.
Adding any recipe to any estimate is easy but it is important to understand the component inclusion or ingredients within the recipe so that you control the accuracy of costs.
By opening the recipe detail, the recipes in any database your estimating can become more precise as you can see the ingredients that make up a Cordell recipe. As you identify each ingredient in a recipe it may be an advantage to select another recipe that may contain a different set of ingredients so you control the cost of your jobs.
Recipes include what is called break up/cost breakdown: – all labour, all material, all plant or subcontract fees, prices are based on the conservative cost of labour and material in the metropolitan city of each state; recipes include allowances for delivery and an average allowance for wastage (minimum of 5%).
Note: Subcontract in first principle estimating is primarily items, e.g. waste disposal costs.
Labour is made up of subcontract charge out rates based on award wages and standard industry allowances; a labour component within a recipe is then structured to include an average overhead allowance for each tradesperson. Materials are approximate costs only, higher and lower prices may exist as prices vary enormously within the building industry; plant hire prices are based on standard plant or equipment hire on a day rate from distributors. (Actual rates from your subcontractors or suppliers may vary).
Recipes do not include:
any profit or overhead (builder margin) for the constructor.
subcontractors extra margins if applied (e.g. plumbing, electrical).
the location cost of building suppliers in regional and remote areas.
any GST or circumstantial complexity.
extra charges (e.g. contingencies).