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.