Rate Analysis | Factors affecting rate of an item
Rate Analysis | Factors affecting rate of an item
■ Rate analysis :
Rate analysis is the study of principal role played by various constituents, elements of construction such as equipments, cost of labor, number of equipments etc.
Rate of an item = Cost of material (A) + Cost of Labor (B) + Cost of scaffolding (C)+ Cost of water charges (D) + Cost of sundries (E)*
Sundries mean cost of all small items which cannot be accounted separately.
■ Factors affecting rate of an item :
Locality and situation.
Size and extent of work.
Nature of project.
Height/Level of work at which it is being executed.
Environmental and climatic conditions.
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