Categories

Thursday, December 18, 2014

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.

Building Work Rate Analysis

Ref: click here

~~~~~~~~~~~~~~~~~~~~
Published By
Rajib Dey
~~~~~~~~~~~~~~~~~~~~

No comments:

Post a Comment