b Rate Analysis Meaning and factors affecting rate of an item of work materials

B rate analysis meaning and factors affecting rate of

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b) Rate Analysis: Meaning and factors affecting rate of an item of work, materials, sundries, labour, tools & plant, overheads & profit. Working out Rate Analysis for the items mentioned in specifications above. Task work or out turn, factors effecting task work. Unit V Tendering and Execution of Works a) .Tenders: Definition. Methods of inviting tenders, tender notice, tendering procedure, Pre and post qualification of contractors, tender documents. 3 bid/ 2 bid or single bid system. Qualitative and quantitative evaluation of tenders. Comparative statement, Pre-bid conference, acceptance/ rejection of tenders. Various forms of BOT &Global Tendering, Etendering. b) Methods of Executing Works: PWD procedure of work execution, administrative approval, budget provision, technical sanction. Methods of execution of minor works in PWD: Piecework, Rate List, Daily Labour. Introduction to registration as a contractor in PWD. Unit V Contracts and Arbitration a)Contracts: Definition, objectives & essentials of a valid contract as per Indian Contract Act(1872), termination of contract. Types of contracts: only lump sum, item rate, cost plus.
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