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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,
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Answer Posted / vamsi
Price escalation can done after completing of total work. As per MB the quantity of cement and steel usage have to recorded
and see the prices in the relevant work done month later total all cement qnty and steel qnty and multiply cement in Kgs/Cum using the data.
Mail me i will give u the Price Escalation Format.
vamsi.talari@gmail.com
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