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 :

1. Locality and situation.
2. Size and extent of work.
3. Nature of project.
4. Height/Level of work at which it is being executed.
5. Environmental and climatic conditions.