The Contract Price Adjustment Schedule indices published in GCC 2010 are unfortunately subject to changes at any time by Statistics South Africa. Such changes can be in the base year for the index, the basket for a particular index, deleting old indices and/or adding new indices. SAICE has no control over such changes.

Such a change by Statistics South Africa in the base year of the indices and also the places of publication has happened again and the Contract Price Adjustment Schedule in GCC 2010 needs to be updated in this regard.

On page 93 of the initial print, page 61 of the Revised Second Print, page 93 of the Revised Third Print or page 72 of Print 3.1 of GCC 2010 please replace the descriptions of all the indices with the following descriptions:

   "L" is the "Labour Index" and shall be the Consumer Price Index for the urban area nearest to the Site, as stated in the Contract Data, and as published in the Statistical News Release, P0141, Additional Tables: Table 14 "CPI – all items according to area" of Statistics South Africa.


"P" is the "Plant Index" and shall be the Producer Price Index applicable to the appropriate Construction Equipment as stated in the Contract Data and as published in the Statistical Release P0151, Table 4 of Statistics South Africa.


"M" is the "Materials Index" and shall be the Producer Price Index applicable to the appropriate materials as stated in the Contract Data and as published in the Statistical Release P0151, Table 3 or Table 4 of Statistics South Africa.


"F" is the "Fuel Index" and shall be the Producer Price Index for Diesel at wholesale level for the area as stated in the Contract Data and as published in the Statistical News Release P0151, Table 4 of Statistics South Africa.

The conversion factors from the old indices to the new ones for the civil engineering industry are published by SAFCEC on their Contractual Affairs web site under CPAF.

4 Comments

  1. We would like to purchase the following book from you:
    The book is GCC for Construction Second Edition 2010
    Stock Code: TD/SAI/GCC 10

    Could you please advise on the steps that can be taken, we would prefer to make payment electronically if possible, if you could please send us your banking details and/or pro-forma invoice with the cost.

    Looking forward to hearing from you soon.

  2. Please confirm if the “Changes to the SAICE GCC for Construction Works, 2nd Edition, 2010” are also applicable on the “SAICE GCC for Construction Works,1st Edition, 2004”
    If so, please forward me the notice confirming the above.

    Regards
    Will de Kock
    Cell 083 295 5672
    wrcw@lantic.net

Leave a Reply

Your email address will not be published. Required fields are marked *

Post comment