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
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
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.