This document provides norms for erection charges and overhead charges for preparing cost estimates for turnkey works and departmental works. It outlines the following:
1. Material costs will be as per rates circulated by the CE(P&D) and revised quarterly.
2. Erection charges will be 10% of material costs.
3. Overhead charges will total 15% of material costs and include transportation (2.5%), service tax (1.83%), contingency (3%), T&P charges (1%), insurance/handling (0.67%), and contractor profit (6%).
4. Previous instructions on this matter stand superseded. The new norms are to be considered immediately
This document provides norms for erection charges and overhead charges for preparing cost estimates for turnkey works and departmental works. It outlines the following:
1. Material costs will be as per rates circulated by the CE(P&D) and revised quarterly.
2. Erection charges will be 10% of material costs.
3. Overhead charges will total 15% of material costs and include transportation (2.5%), service tax (1.83%), contingency (3%), T&P charges (1%), insurance/handling (0.67%), and contractor profit (6%).
4. Previous instructions on this matter stand superseded. The new norms are to be considered immediately
This document provides norms for erection charges and overhead charges for preparing cost estimates for turnkey works and departmental works. It outlines the following:
1. Material costs will be as per rates circulated by the CE(P&D) and revised quarterly.
2. Erection charges will be 10% of material costs.
3. Overhead charges will total 15% of material costs and include transportation (2.5%), service tax (1.83%), contingency (3%), T&P charges (1%), insurance/handling (0.67%), and contractor profit (6%).
4. Previous instructions on this matter stand superseded. The new norms are to be considered immediately
Subject: Norms for erection charges and various over-head charges for preparing cost estimates for turnkey works and departmental works. Produced below are the norms for erection charges and various over-head charges for preparing cost estimates for turnkey works and departmental works for information and further necessary action at your end:- 1 Cost of material As per the rates circulated by CE(P&D). Such rates are to be revised on quarterly basis by the office of CE(P&D). 2 Erection charges 10% on the cost of material 3 Overhead charges i) Transportation charges 2.5% on the cost of material ii) Service Tax 1.83% on the cost of material iii) Contingency charges 3% on the cost of material iv) T& P charges 1% on the cost of material v) Insurance & handling charges 0.67% on the cost of material vi) Contractor profit & Supervision etc. 6% Total overhead charges 15% on the cost of material
All the previous instructions/ Orders stand superseded by this above instruction. The above instruction be considered with immediate effect. Superintending Engineer/P&D, For Chief Engineer/ P&D, DHBVN, Hisar.
Copy to the:
1. Sr. P.S. to M.D., DHBVNL, Hisar for kind information of the M.D. 2. Sr. P.S. to Director, (OP)/Projects, DHBVNL, Hisar for kind information of the Directors. 3. Chief Engineer / MM, DHBVNL, Hisar.. 4. G.M./Commercial, DHBVNL, Hisar. 5. CE/PD&C, UHBVN Panchkula. 6. FA&CAO/MM, DHBVN, Hisar. 7. FA(HQ), DHBVN, Hisar.