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Understand the Schedule of Rates & find the list of SOR defined by CPWD or PWD in India with Valuation Intelligent System

 

The Schedule of Rates is a kind of list that consists of the various services and shows the respective rate (fee) of payment of the Services to be provided, as well as lump sums, other amounts, quantities, and prices for each section or item.

It becomes very useful in the preparation of estimates, wages of laborers, etc. Also, it is very useful when deciding the rates of additional items added by the contractor. In general, there is a clause in the contract, which stipulates that any extra items included during construction must be paid as per the Standard Operating Procedure.

 

What Schedule of Rates consists of?

In addition to the rates for various items, such as demolitions, excavations, concrete, RCC work, brickwork, services, etc., it also contains information on current wages of labor and prices of different items used in the construction or for other purposes. The Schedule of Rates (SOR) is renewed or updated from time to time because of the changes in the rates of the various items or resources due to inflation.

 

Who prepares & finalizes the Schedule of Rates?

A Schedule Of Rates (SOR) is defined by public entities such as the Central Public Works Department (CPWD) and State Government entities such as the Public Work Department (PWD). 

The Rates which are defined by the Central public work department are known as CPWD SOR and those rates were defined by state government entities like the Public work department known as PWD SOR. The process of preparing the list follows a deep analysis of rates for the items and services and after the determination of these rates, it should be appended accordingly. 

In addition, it is prepared for all departments of Civil, Electrical, and Mechanical engineering, among others. 

 

How does VIS help in finding the Schedule of Rates?

Nowadays Valuation intelligent System(VIS) is one of the only platforms in India which is the overall solution for everyone to find out the schedule of rates of any state or union territory in India with a single click. The VIS is a platform that is the first valuation system in India to do such a thing.

The VIS has an easy-to-use interface which makes it user-friendly and better than other government websites. It helps us to find out all the state's and union territories' schedules of rates in a single place whether it is prepared by the CPWD or PWD. It helps us to know the actual PWD SOR and CPWD SOR in a very easy way. 

Using the VIS, the users don't have to visit several government websites in order to get the PWD SOR and CPWD SOR of different states and union territories. This is one of the great advantages of using VIS makes their work more accessible and more convenient by eliminating the need to visit several websites.