Pls. help.
If a contract was awarded to a contractor in april 2012 with
steel & cement base price as rs. 45/kg & 250/bag. Now in
oct. 12 steel cement price becomes 55/kg & 290/ bag. How
escalation will be calculated? Pls. tell complete calculation

Regards,

Answer Posted / viswanadhamklvs

Generally the PVC formula will be given in the Contract
document itself. The month in which the contractor quoted
his bid will be considered as Base month. The indices for
the commodities will be published by the office of Economic
Adviser in the web site eaindustry.nic.in. These index
values shall be substituted in the formulae given against
each commodity viz., steel and cement. In the same fashion,
labour component also shall be considered based on the index
value given by labour Beuro of India.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you calculate the unit weight of concrete?

797


Sometimes the side of concrete bridges is observed to turn black in color. What is the reason for this phenomenon?

811


What is the use of mirror command?

913


how much need cement bags for block work of wall approx 1000 hollow blocks 20x20x40cm

1809


what is difference between fluidity and workability also how palsticizer works

6923






How to calculate the cement and fine aggregate requirement for solid block masonry works in terms of Sqm. 1. 400x200x200mm 2. 400x200x100mm 3. 600x200x100mm 4. 600x200x200mm I need the answer for 1 Sqm of solid block works.

2335


The largest size of paper used in plotter to print the drawing made by Autocad .

1435


SAND AND STONE AGGREGATES WASTAGE PERCENTAGE IN CONCRETING WORK?

2372


How many days should curing of plastering, brick work and concrete

1364


Define angular dimension?

818


what is labour consume factor in residential projects

1988


How to find the cuplock pipe qty in staging for Minor bridge?

996


What is the life of anaerobic Digester if it is used for municipal solid waste digetion.

1958


what is hydrostatic paradox?

1850


usually hand broken stones are used for cement concrete 1:4:8 in foundation of single /two story houses with a view of economy in construction.what advantages it will give if you use machine crushed stone in place?

1844