Price Adjustment Formulae for Construction Contracts * Provisional
Series 2 - Decorations: 2/44 June 1976 = 100
Jan Feb
2010 2011 2012 2013 2014 2015 2016 2017 877 880 910 939 941 961 992 1018 877 885 911 940 941 961 993 1019
Mar 878 885 913 942 942 961 992 1020 Apr
878 886 912 942 941 969 992 1019
May 879 888 910 941 941 969 992 1020 June 879 889 912 937 941 969 992 1020* July 879 898 915 937 961 993 992 1046* Aug 879 898 915 937 961 993 1016 1047* Sep Oct
879 909 915 937 961 993 1015 879 908 915 937 960 993 1013
Nov 880 908 924 937 960 993 1015 Dec
880 910 924 937 961 992 1015
The Price Adjustment Formulae Indices are monthly indices used in conjunction with formula methods for adjusting construction contracts which are not fixed priced. They are sometimes known as the NEDO, Baxter or Osborne Indices.
Jan Feb
Series 3 - Finishes: Painting & Decorating: 3/48 June 1990 = 100
2010 2011 2012 2013 2014 2015 2016 2017 265 266 275 283 284 290 299 307 265 268 275 284 284 290 299 307
Mar 265 268 276 284 284 290 299 307 Apr
265 267 275 284 284 292 299 307
May 266 268 274 284 284 292 299 307 June 266 268 275 283 284 292 299 307* July 266 271 276 283 290 299 299 316* Aug 266 271 276 283 290 299 307 316* Sep Oct
266 274 276 283 290 299 307 266 274 276 283 289 299 306
Nov 266 274 279 283 289 299 306 Dec
266 274 279 283 290 299 306 The formulae calculate the increase or decrease
in contractors' costs over any period, to the nearest month. This method of reimbursement helps speed up payment to contractors and reduces administrative costs.
Forthcoming events You’re invited to attend...
General Meeting 2017 Annual Ricoh Arena, Coventry, CV6 6GE
11.00am–1.00pm on 28 November 2017 Our Annual General Meeting will take place
while the Painting & Decorating Show is being held at the Ricoh Arena in Coventry.
Attending the P&D Show?
You now have the opportunity to also come to the PDA AGM! Annual Report– Financial Report
Election of officers for Membership Categories 1,3,4 The PDA is your Association,
managed for and by Members, we encourage all Members to contribute. 20 LAMD Branch Meeting 28 Bradford Branch Meeting The indices published above are for decorating
work and are compiled from labour and materials costs. Series 3 is the latest series and recommended for use on all new contracts. Series 2 continues to be published for contracts which still require their use.
OCTOBER 2 Hull Branch Meeting
4 Wakefield & District Branch Meeting
11 Doncaster Branch Meeting 24 Bradford Branch Meeting
Home Farm, Ferriby Road, Hesslewood, HU13 0JA
Kirklands Hotel, Leeds Road, Outwood, WF1 2LU
Shipley Conservative Club, Otley Road BD18 3SA
25 York & District Branch Meeting The Buckles Inn, York YO23 3PW
NOVEMBER 1 Wakefield & District
Branch Meeting 8 Doncaster Branch Meeting
Kirklands Hotel, Leeds Road, Outwood, WF1 2LU
10 -12 PDA National Conference Bristol Marriott, Royal Hotel,BS1 5TA
Civil Service Club, London SW1A 2HJ
Shipley Conservative Club, Otley Road BD18 3SA
29 York & District Branch Meeting The Buckles Inn, York YO23 3PW
7.00pm 7.30pm 8.00pm
UP TO DATE INFORMATION ABOUT ALL EVENTS IS AVAILABLE ON THE PDA WEBSITE –
www.paintingdecoratingassociation.co.uk
22 decorator
7.00pm 8.00pm
The Sportsman Pub, Armthorpe Road DN2 5QB 7.30pm
7.30pm 8.00pm
8.00pm
The Sportsman Pub, Armthorpe Road DN2 5QB 7.30pm
association news
Don’t forget!
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