Analysis of rates for building works

This is how the rate analyses are done for the construction (viz. Labor,materials, machinery, transport, overheads and profit).

Rate Analysis:

• There tender has to be introduced with item rates.
• Then make sure the tender rates and its viability.
• Judging different labour, materials, machinery and money and resource optimization.
• The rates for deviation would have to be computed. If to work on the extra items or not.
• Comparing cost for amount to be approved.
• Preparing budget and cash shift.

But if the under following elements are tagged in:

• Material cost without considering the squanders.
• Labour cost
• Charges of using water
• Taxes
• Risk and insurance coverages
• Profit and overheads

Some other important points:

• Percentage of profit is 5-10 per cent. But the overhead is normally 3 - 7.5 per cent.
• The cement constant includes waste product of 2.5 per cent.
• The material constants are loading-unloading, supply price, empty bags and others.
• Labour constants are generally covered by government schemes as well as IS – 7272, NBO, CPWD and MES.
• Building material specifications are here
• Basic cost is the cost of materials and labours.
• Indirect cost is those of consulting charge or out source changes.

There are also some rates like standard schedule or derivative rates.

Ref: click here

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Published By

Rajib Dey

www.quantity-takeoff.com

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