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    TRB MS 252

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    ruffersblake
    The government order summarizes previous orders issued regarding price adjustment for materials like steel, cement, bitumen, and petroleum, oils, and lubricants (POL) for ongoing construction works. It allows price adjustment for bitumen and POL to be calculated every fortnight based on actual rates set by public sector undertakings, replacing the previous coefficient of 0.85 with 1. The price adjustment will apply to all ongoing and future government construction works irrespective of project cost or duration.

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    TRB MS 252

    Uploaded by

    ruffersblake
    246 views2 pages
    The government order summarizes previous orders issued regarding price adjustment for materials like steel, cement, bitumen, and petroleum, oils, and lubricants (POL) for ongoing construction works. It allows price adjustment for bitumen and POL to be calculated every fortnight based on actual rates set by public sector undertakings, replacing the previous coefficient of 0.85 with 1. The price adjustment will apply to all ongoing and future government construction works irrespective of project cost or duration.

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    The government order summarizes previous orders issued regarding price adjustment for materials like steel, cement, bitumen, and petroleum, oils, and lubricants (POL) for ongoing construction works. It allows price adjustment for bitumen and POL to be calculated every fortnight based on actual rates set by public sector undertakings, replacing the previous coefficient of 0.85 with 1. The price adjustment will apply to all ongoing and future government construction works irrespective of project cost or duration.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    246 views2 pages

    TRB MS 252

    Uploaded by

    ruffersblake
    The government order summarizes previous orders issued regarding price adjustment for materials like steel, cement, bitumen, and petroleum, oils, and lubricants (POL) for ongoing construction works. It allows price adjustment for bitumen and POL to be calculated every fortnight based on actual rates set by public sector undertakings, replacing the previous coefficient of 0.85 with 1. The price adjustment will apply to all ongoing and future government construction works irrespective of project cost or duration.

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    Attribution Non-Commercial (BY-NC)
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    GOVERNMENT OF ANDHRA PRADESH ABSTRACT Roads & Buildings Adoption of Price Adjustment for Bitumen and POL for

    r all ongoing works of Bridges, Roads and Buildings Further Orders Issued. ---------------------------------------------TRANSPORT, ROADS & BUILDINGS (R.I) DEPARTMENT G.O.Ms.No.252 Dated:28.08.2008. Read the following

    1. 2. 3. 4. 5. 6. 7.

    G.O.Ms.No.35, T.R & B(R.I) Dept., Dt:28.02.2006. G.O.Ms.No.73, T.R & B(R.I) Dept., Dt:24.04.2006. G.O.Ms.No.123, T.R & B(R.I) Dept., Dt:06.07.2006. G.O.Ms.No.233, T.R & B(R.I) Dept., Dt:20.11.2006. G.O.Ms.No.175, T.R & B(R.I) Dept., Dt:19.02.2007. G.O.Ms.No.94, T.R & B(R.I) Dept., Dt:16.04.2008. Builders Association of India representation Dt.:17-04-08. ***

    O R D E R: above, orders were issued according In the G.Os 1st to 5th read Price Adjustment to all the works under the control of Roads & Buildings Department viz. Roads, Bridges, Buildings and Civil Works for all ongoing and future works for the items Steel, Cement, Bitumen, POL and other items duly following the Price index rates and following the formula mentioned therein. 2. In the G.O. 6th read above, Government issued orders to adopt price adjustment for steel and cement every month in supersession of the orders issued in the G.O. 1st read above, and formula used for adjustment based on whole sale price index and co-efficient of 0.85 is replaced by the absolute variation between the estimated rate and the rate fixed by the Government. 3. The Builders Association of India, A.P.Centre have made representation to adopt price adjustment for Bitumen and POL on par with Steel and Cement as envisaged in G.O. 6th read above. 4. Government after careful examination of the matter hereby allow to adopt Price adjustment for Bitumen and POL every fortnight in supersession of the orders issued in G.O.Ms.No.35, T.R & B Dept., Dated: 28.02.2006 by replacing the co-efficient of 0.85 by 1 i.e. absolute variation of the rate fixed by the Public Sector Undertakings (PSUs) subject to the following conditions:i) For the price adjustment of Bitumen and POL, rate determined by the PSUs may be allowed. The weight ages for different components taken together including those for which price adjustment is not eligible should not exceed 100%. The final price adjustment amount should be subject to the adjustment with reference to the amount arrived on completion of work with price adjustment co-efficient of 1 instead of 0.85.

    ii)

    iii)

    (Contd. 2 ) :: 2 :: iv) The Price adjustment shall not be limited to Rs.50.00 Lakhs and above estimated projects and a time period of 6 months and above, but shall be applied irrespective of cost estimates and time period. For the works taken up in externally aided projects, the guidelines specified thereon are to be followed. The price adjustment shall be applicable for all ongoing and future works. The price adjustment shall be applicable within original contract period or period extended on grounds of the departmental delays and valid reasons and shall not be applicable to the extensions granted on account of the contractors fault as envisaged in G.O.94 of I&CAD Dept. The price adjustment shall be applicable for all ongoing works. Price adjustment shall be applicable for actual components of items of works actually carried out during the period of the bill. The above orders are applicable for all contracted works of the Government of Andhra Pradesh and Corporations, local bodies and Government Undertakings, Tirumala Tirupathi Devasthanam, etc. This Order will apply only when the difference between the estimated rates of POL and Bitumen and their current price is more or less than 5%.

    v)

    vi)

    vii)

    5. All the Heads of Department/Corporations, Universities dealing with PWD Works shall take action accordingly. 6. The above orders will come into force with effect from 01.03.2008. 7. This order issues with the concurrence of Finance Dept. vide their U.O.No.18817/876/A2/Expr.PWD/08, Dated: 04.07.2008. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) Dr.T.CHATTERJEE, PRINCIPAL SECRETARY TO GOVERNMENT To: The all HODs connected with Engineering works.. Copy to: The Housing, I & CAD, Panchayat Raj, Home, Higher Education, School Education, Social Welfare, Tribal Welfare, Revenue, M.A & U.D and H.M & F.W. Depts. The ENC (AW) I&CAD, ENC(R&B) Admn. & NH, The Builders Association of India, A.P.Centre, Hyd. The P.S to Prl. Secy. to Govt. (TC) T.R & B Dept. The Advisor, QC for R&B, Hyd. The Technical Advisor, Housing Dept. & School Education Dept. //forwarded by order//

    SECTION OFFICER

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