Question
Download Solution PDFConsider the given statements.
I: Rate of material used for construction includes the cost of transport.
II: For material that is supplied departmentally, cost of carriage from godown to work rate shall be added.
Which of the statements is/are true?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCost of Construction:
- The cost of construction is the cost associated with the building which includes the cost of material, labour, and overhead charges.
- The cost of material includes the cost of transportation of material, which depends upon the type of material and location of construction as well.
- As per the CPWD Account code, material that is supplied departmentally, cost of carriage from godown to work rate shall be added.
Additional Information
- CPWD Account code is an order to the Public Works Department to execute certain specified works at a stated sum to meet the administrative needs of the department requiring the work
Last updated on May 28, 2025
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