ANALYSIS OF RATES FOR CIVIL ENGINEERING WORKS - PART 01
What is Rate Analysis? The process of determining rate per unit of any work in Civil Engineering work like earthwork, concrete work, brickwork, plastering, painting etc. is known as Analysis of Rates or Rate Analysis. The rates of materials and labour vary from place to place and hence the rates of different items of works also vary from place to place. The rates of these works further help in determining cost of particular work and in turn cost of the project. Why is Rate Analysis required? • To determine the actual cost per unit of the items. • To work out the economical use of materials and processes in completing the particulars item. • To calculate the cost of extra items which are not provided in the contract bond, but are to be executed as per the directions of the department. • To revise the schedule of ...