Nepal Electricity Authority Invitation for Bid at Koshi Province, Biratnagar Morang Nepal

 

 

 

 

What is Rate Analysis?

 

Rate analysis is a process used in construction and engineering projects to determine the quantities and costs of various items involved in the project. It involves analyzing the rates of materials, labor, equipment, and other resources required for the construction work.

The rate analysis helps in estimating the cost of the project, preparing project budgets, and making informed decisions regarding the allocation of resources. It is an essential part of project planning and management, as it provides a detailed breakdown of the costs involved in different activities and helps in controlling expenses.

The process of rate analysis typically involves the following steps:

1.     Item identification: Identifying and listing all the items required for the construction project, such as materials, labor, equipment, etc.

2.     Quantity estimation: Estimating the quantities of each item required based on the project specifications, drawings, and design.

3.     Rate determination: Determining the rates of each item by considering factors such as market prices, supplier quotations, historical data, and any specific project requirements.

4.     Cost calculation: Calculating the costs of each item by multiplying the quantities with their respective rates.

5.     Cost summary: Summarize the items’ costs to obtain the total project cost.

More than 245 dead after Odisha incident Train Accident at India odesa

 More than 200 ambulances were sent to the scene in Balasore district, says Odisha's chief secretary Pradeep Jena.

One passenger train is thought to have derailed before being struck by another on the adjacent track late on Friday.

It is India's worst train crash this century. Officials say the death toll is expected to rise further.

Indian Railways said the two services involved were the Coromandel Express and the Howrah Superfast Express.

Sudhanshu Sarangi, director general of Odisha Fire Services, said that the death toll stood at 288.

Mr Jena said earlier that more than 100 additional doctors had been mobilised.

Indian Prime Minister Narendra Modi said he was distressed by the incident and his thoughts were with the bereaved families.

"Rescue ops are under way at the site of the mishap and all possible assistance is being given to those affected," he tweeted.

Meanwhile, Home Minister Amit Shah labelled the incident "deeply agonising".

One male survivor said that "10 to 15 people fell on me when the accident happened and everything went haywire. I was at the bottom of the pile.

"I got hurt in my hand and also the back of my neck. When I came out of the train bogie, I saw someone had lost their hand, someone had lost their leg, while someone's face was distorted," the survivor told India's ANI news agency.

A day of mourning has been announced in the state.

It is believed that several carriages from the Shalimar-Chennai Coromandel Express derailed at about 19:00 local time (13:30 GMT), with some of them ending up on the opposite track.