Question
Download Solution PDFMatch the following
| Nomenclature | Definition | ||
| (i) | Work Value | (p) | expenditure on incidental, establishment, and travel charges |
| (ii) | Actual cost | (q) | Estimate for contingencies, work establishment, tool & plants |
| (iii) | Administrative approval | (r) | Formal aceptance for incurring an expenditure on work |
This question was previously asked in
OSSC JE Civil Mains (Re-Exam) Official Paper: (Held On: 3rd Sept 2023)
Answer (Detailed Solution Below)
Option 1 : i - q; ii - p; iii - r
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OSSC JE Civil Geo-technical Engineering Mock Test
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Detailed Solution
Download Solution PDFExplanation:
Work Value:
- It refers to the estimate for contingencies, work establishment, tools, and plants, which is necessary for carrying out a project.
Actual Cost:
- This reflects the real expenditure incurred, which includes incidental, establishment, and travel charges.
Administrative Approval:
- This is a formal acceptance or authorization from the governing body or authority to spend money on a particular project or work.
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