Daywork is a method of valuing construction work according to the time spent carrying out work together with the value of the plant and materials resources used. It is an alternative to valuing work by measurement. This guidance outlines when daywork can be charged, how it can be calculated an d administration.
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This guidance outlines the differences between an estimate, quotation and tender and provides advice and recommendations on how to provide a well drafted quote.
This guidance explains the increasingly common Early Payment Schemes, offered my main contractors to provide shorter payment terms in return for a discount on amounts charged. It provides information from the point of view of the sub-contractor, enabling them to make more reasoned decisions that best suit their company.
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