Rate Analysis

Introduction

Rate analysis in Public Works Departments (PWD) involves the examination and calculation of rates for various construction activities or works. It is a systematic process carried out to determine the cost of executing a particular work item per unit quantity. Rate analysis typically involves breaking down the cost components associated with a construction activity, including materials, labor, machinery, contractor's profit, overhead costs, and miscellaneous expenses.

The purpose of rate analysis in PWD is to establish fair and accurate rates for different items of work, which helps in estimating the overall cost of a construction project. These rates are often based on prevailing market prices, standard specifications, and historical data. Rate analysis is crucial for budgeting, tendering, and ensuring transparency and accountability in construction projects undertaken by the Public Works Departments.

Data Table

S.No.	Works SOR Code (For which rate analysis is defined)	Quantity for which analysis is defined	SOR Type (L/M/E)	SOR Code (L/M/E)	SOR Description (L/M/E)	Unit	Quantity
1	SOR_000148	1	Material	SOR_000016	4 cm size H.G. metal (H.B.)	CUM	0.96
	SOR_000148		Material	SOR_000002	Sand (screened & washed)	CUM	0.48
	SOR_000148		Material	SOR_000021	Cement	QNTL	2.29
	SOR_000148		Labour	SOR_000315	Mason 2nd class	NOs	0.18
	SOR_000148		Labour	SOR_000291	Man mulia	NOs	2.5
	SOR_000148		Labour	SOR_000292	Women mulia	NOs	1.4

Data definition

#	Column Name	Data Type	Data Size	Is Mandatory?	Definition/ Description
1	Works SOR Code	Alphanumeric	64	Yes	A unique code that identifies the SOR.Works SOR Code (For which rate analysis is defined)
2	Quantity for which analysis is defined	Numeric	256	Yes	Quantity for which analysis is defined
3	SOR Type	Text	256	Yes	SOR Type, labour, material or machinery.
4	SOR Code	Text	256	Yes	SOR Code
5	SOR Description	Text	1024	Yes	SOR Description
6	UOM	Text	64	Yes	Unit of measurement
7	Quantity	Numeric	(6,0)	Yes	Quantity which is required to define the rate analysis.

Attachments

59KB

Rate Analysis Template.xlsx