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SCHEDULE OF RATE FOR THE WORK OF CONSTRUCTION OF PRECAST BOUNDARY WALL AT SV/IP
STATIONS OF KATCHIBARODA, GORAKHPUR AND JACOBI IN HERA REGION, MADHYA PRADESH
THE RATES QUOTED SHALL BE INCLUSIVE OF
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How to fill out schedule of rate for
How to fill out schedule of rate for
01
To fill out a schedule of rate, follow these steps:
02
Start by entering the name of the project or job for which you are creating the schedule of rate.
03
Specify the time period for which the schedule of rate is applicable.
04
List all the activities or tasks that are involved in the project or job.
05
For each activity or task, provide a detailed description of the work involved.
06
Assign a code or reference number to each activity or task for easy identification.
07
Determine the unit of measurement for each activity or task (e.g., per hour, per square foot, per item).
08
Define the rate or cost for each unit of measurement.
09
Calculate the total cost for each activity or task by multiplying the unit rate by the quantity of work.
10
Sum up the total costs for all activities or tasks to get the overall cost of the project or job.
11
Proofread and review the schedule of rate for accuracy and completeness before finalizing it.
Who needs schedule of rate for?
01
The schedule of rate is needed by various parties involved in construction or contracting projects, including:
02
- Contractors: They need the schedule of rate to estimate the cost of a project and prepare bids.
03
- Clients: They use the schedule of rate to compare bids from different contractors and assess the reasonableness of costs.
04
- Quantity Surveyors: They rely on the schedule of rate to calculate the costs of materials, labor, and equipment required for a project.
05
- Project Managers: They use the schedule of rate to monitor and control project costs and track progress.
06
- Procurement Departments: They refer to the schedule of rate to determine the cost of materials and services needed for a project.
07
- Financial Institutions: They may require the schedule of rate to assess the financial feasibility of a project and determine loan amounts.
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