Unit Rate سعر الوحدة
Definition
The price of executing one unit of an item including the material, the labour, the plant and its share of indirect costs and profit — and the basis on which the monthly progress claims are calculated.
Example
A unit rate of SAR 1,180/m³ for footing concrete.
Where it is used
Pricing and valuing variation orders.
Related terms
From the term to the work
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