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MEP-808 · SITE & PROJECT · COST

MEP Cost per m² Estimator

A concept stage MEP budget from the building type, gross floor area and spec level: split by trade, adjusted for height, location, escalation to the construction midpoint and contingency, with a low to high range and a monthly cash flow. Rates are indicative defaults you can and should replace with your own cost data.

NRM 1 (RICS)ICMSAIQS / NZIQS practiceConcept cost planningElemental cost planCash flow S-curve

How to use: pick the region and building type to load an indicative MEP rate, set the area and spec, then adjust. All rates are editable concept figures, not quotations. Tap i for help.

1. Inputs

Project
Adjustments

2. Cost plan

Split by trade, a 3D building in cost bands and the monthly cash flow.

3. Checks

    4. Cost by trade

    Low and high show about plus or minus 15%, a usual concept stage accuracy band.

    5. How it works

    How a concept MEP budget is built

    At concept stage there are no drawings to measure, so cost planners use a rate per square metre of gross floor area for the building type, taken from similar completed projects, then split it by trade (NRM 1 and ICMS group these as services elements). The MEP share of total construction cost is often about 25 to 35% for offices and housing and 40% or more for hospitals and data centres.

    Adjustments

    Taller buildings need more pumping, risers, pressure zones and fire systems, so a height premium is added. A location factor moves the rate to the city. Escalation carries today's prices to the middle of the construction period. Preliminaries, overheads and profit and a contingency complete the budget.

    Cash flow

    MEP spend follows an S-curve: slow during first fix, fastest when equipment is delivered and installed, then tailing off through testing and commissioning. Use it to plan payments and check monthly valuations.

    Indicative rates only, for learning and early budget checks. They are not prices or quotations and do not refer to any supplier. Replace them with current local cost data from a quantity surveyor before any decision.

    About this lab: MEP Cost per m² Estimator

    MEP Cost per m² Estimator

    Build a concept MEP budget from building type, gross floor area and spec: indicative rate per m², split by trade, height premium, location, escalation, preliminaries and contingency, low to high range and a monthly cash flow S-curve.

    Topics you can explore

    • Concept cost planning
    • Rate per m² of GFA
    • Trade splits by building type
    • Height premium
    • Escalation to midpoint
    • Preliminaries and contingency
    • Cash flow S-curve

    Practical engineering example

    A 40,000 m² office in Dubai with 20 floors at standard spec, using the editable indicative rate of AED 950 per m², a 5% height premium, 3% yearly escalation over 1.5 years, 10% preliminaries and 7.5% contingency, gives a concept MEP budget of roughly AED 49 million (about AED 1,230 per m²), with HVAC and electrical the largest trades.

    Developed by Eng. Mannan Maqsood. Verify against current project requirements and the applicable authority rules.

    Standards and regions covered

    Indicative concept rates for Dubai, Abu Dhabi, Auckland and Sydney, with NRM 1, ICMS and AIQS and NZIQS cost planning practice. Rates are learning defaults, not prices. Engineers use it on projects in Dubai, Abu Dhabi, Sharjah and the Northern Emirates, Saudi Arabia and Qatar, and in Auckland, the rest of New Zealand and Australia. Always confirm the edition your authority or client has adopted before relying on a result.

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    Where to go from here

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