Name of Work Na - e-Tendering

(3) FORMULA FOR PETROL, OIL & LUBRICANT COMPONENT
V 3 = 0.85 x P x K 3 x P 1 - P 0
100 P 0
WHERE
V 3 = Amount of price variation in Rupees to be allowed for POL
component
P = Same as worked out for labour component.
K 3 = Percentage of Petrol, Oil and Lubricant component..
P o = Average Price of HSD at Mumbai during the quarter preceding the
Month in which the last date prescribed for receipt of tender falls.
P i = Average price of H S.D.at Mumbai during the quarter under
Consideration
4) FORMULA FOR H.Y.S.D./ MILD STEEL/ TMT/ STRUCTURAL STEEL
COMPONENT
V 5 = S 0 (Sl 1 - Sl 0 ) x T
Sl 0
WHERE
V 5 = Amount of price variation in Rupees to be allowed HYSD / Mild Steel
TMT/ Structural Steel component.
S 0 = Star rate of HYSD/Mild Steel in rupees per metric tonne as
considered for working out value of P.
Sl 1 = Average Steel Index published in the RBI Bulletin for the quarter
under consideration.
Sl 0 = Average of Steel Index published in the RBI Bulletin for the quarter
preceding the month in which to the last date prescribed for receipt
of tender falls.
T = Tonnage of steel used in the permanent works for the quarter under
consideration.
(5) FORMULA FOR CEMENT COMPONENT
V 6 = C 0 (Cl 1 - Cl 0 ) x T
Cl 0
WHERE
V 6 = Amount of price variation in Rupees to be allowed for cement
component.
C 0 = Basic rate of cement in rupees per metric tonne as considered for
working out value of P.
Cl 1 = Average cement Index published in the RBI Bulletin for the quarter
under consideration.
Cl 0 = Average of cement Index published in the RBI Bulletin for the quarter
preceding the month in which the last date prescribed for receipt of
tender falls.
T = Tonnage of cement used in the permanent works for the quarter
under consideration.
Contractor No of Correction Deputy Engineer 47