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What Is A Schedule Of Rates?

Imagine you're building a Lego castle. Instead of buying a mystery box of bricks, you get a detailed list: "10 red bricks at £0.10 each," "5 windows at £0.50 each," and so on. That's essentially what a Schedule of Rates is - a comprehensive list detailing the rates we charge for the different aspects such as materials or services involved in a construction project.

In construction, a SoR is a standardised document that outlines the prices for things such as labour, materials, and equipment. It's like a menu at your favourite restaurant - clear, flexible, and tailored to your needs.

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