The National Construction Cost Centre or N3C is a key initiative undertaken by CIDB to fulfill one of CIDB’s functions under Part II, Section 4(1)(e) and (h) of Act 520 that is “to provide consultancy and advisory services with respect to the construction industry” and “to initiate and maintain a construction industry information system”.
The main objective of N3C is to provide construction cost information with respect to the following:-
1.Building materials price, labor wage rate, machinery hire rate & equipment purchase
2.Cost indices pertaining to building materials, labor, machineries & equipment
3.Construction costs indices for major building categories.
4.Construction labor productivity on selected trades in construction works including labor unit rates (cost data collection is under development).
The cost information currently available on this website myn3c.cidb.gov.my