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19 Jun 2018 This publication is intended as a guide for surveyors who carry out reinstatement cost assessments of buildings. It takes effect from 1 June 2018 23 Feb 2015 These are the property market value and its reinstatement value, and it related indices such as the Building Cost Index give an estimation of 18 Feb 2016 What are Reinstatement Cost Assessments and how are they conducted? Reinstatement Cost Assessment (RCA) is the basis adopted by the Royal Institution of Chartered Surveyors (RICS) for undertaking an appraisal of property, and plant and machinery/contents for insurance purposes. 1) What is a building reinstatement cost assessment (“BRCA”)?. A BRCA is the calculation of the total sum to be paid to cover the demolition and subsequent. A Reinstatement Cost Assessment (RCA) is an important exercise within the property on site that falls within the definition of Buildings as covered by the 22 Jan 2015 A Building Reinstatement Cost Estimate calculates the cost of the building by insurance companies but most often a construction cost manual such as What are the other considerations that will be taken into account for aKnown as a Reinstatement Cost Assessment (RCA), their accuracy is crucial in ensuring by our involvement in the drafting of the RICS best practice guidance. RICS professional standards and guidance, UK. Reinstatement cost 2nd edition published as 'Reinstatement cost assessments of buildings' 2011. ISBN 978 1 .. fall within the policy definition of 'Buildings' the assessment may be referred Reinstatement cost assessment. Ensuring that your property is appropriately insured is essential for property owners and tenants, and in many instances is a specific requirement under the terms of a commercial lease. Preparation is key to getting valuations correct. 1 Introduction to reinstatement cost assessments. 2 Taking of assessment. 5 Guidance and examples of good practice Define Declared Value. – The cost of