Schedule of rates
Schedule of rates
The scheduled items for which the works department publishes the rates are known as schedule of rates. There are mainly 4 types of items for which schedules of rates are published.
Material - These are the material items which are required to accomplish a work.
Labour - The skilled and unskilled laborers which are required to accomplish the work.
Machinery - These are the equipment which are required to accomplish the work.
Works - The composition of material, labours, machinery together to form a building block for a work.