what are the components of a unit rate in civil engineering?
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AdityaBhandakkar
Hi,
According to NRM(NEW RULES OF MEASUREMENT) which is published by the royal institute of chartered surveyors,
—it is a monetary rate applied to a component or element per unit of measurement. e.g cost per metre cube for a cross internal floor area, cost per functional unit etc.
It is a standard of measurement for planning or estimation for various construction projects.