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Reinstatement

Reinstatement Cost Assessment – Fire Insurance Costs

This service is provided either as a separate activity or as part of a building survey. The work involves measuring the buildings, including outbuildings, grounds and boundaries, car parks and service areas, and calculating the cost of reconstruction in the event of a fire. The calculation includes a number of hidden costs such as demolition and site clearance, consultants fees for redesign, VAT where it is applicable, and is carried out in accordance with RICS Guidance Notes, and for more complex buildings form bespoke calculation.
RICS Website