Question
Download Solution PDFThe contractors profit added in analysis of rates is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFExplanation:
In the analysis of rates in civil engineering and construction, various components like material cost, labour cost, machinery, overheads, and contractor’s profit are considered to estimate the final rate for an item of work.
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The contractor's profit is generally taken as 10% of the total cost, which includes both material and labour.
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This is a standard practice followed in government projects and public works estimates as per CPWD (Central Public Works Department) and other standard estimation manuals.
Additional Information The following are the additional expenses that are to be considered during estimates:
a. Extra Expenses (contingencies) -3 to 5%
b. Contract work establishments - 1.5 to 2%
c. Tools and Machinery 1 to 1.5%
d. Contractor's profit- 10%
e. Departmental Profit - 10 to 15%
Last updated on Jun 16, 2025
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