, which Kerala PWD has adopted to standardize construction costs. Dynamic Updates
: Developed by the National Informatics Centre (NIC), it allows for the online preparation of estimates, technical sanctions, and the generation of Bill of Quantities (BOQ) for e-tendering. kerala pwd price 3
Creating, reviewing, and approving detailed estimates and recast estimates. Tender Management: Online handling of tender processes. , which Kerala PWD has adopted to standardize
| Issue | Clarification | |-------|----------------| | Can a contractor claim higher than Price 3? | No – unless an item is not listed in SoR (then “rate analysis” is done by the Engineer-in-Charge). | | Does Price 3 include GST? | No – GST (currently 18% for most construction materials) is added separately as per applicable tax laws. | | Is Price 3 same across all districts? | No – varies due to local royalty, transport, and availability. | | What if material is sourced beyond standard lead? | Extra lead is compensated via “lead & lift” charges, but the base rate remains Price 3. | Tender Management: Online handling of tender processes
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PRICE 3.0 is a vital tool for ensuring modern, efficient infrastructure development in Kerala. By integrating the PWD SOR into a digital workflow, the Kerala PWD, through the PRICE portal, ensures that projects are estimated and executed with a high degree of accuracy and accountability.
, which can be exported directly to the e-tender portal, reducing manual entry errors. LMR Justification: It includes facilities for preparing Local Market Rate (LMR)