PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,

COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17
Block M5 2.66
Rubble M6 1.30
Metal M7 2.04
Sand M8 8.65
Reinforcement steel M13 10.34
Sanitory (Imported) M19 2.78
PVC Pipes M20 2.48
Form work Timber M21 2.22
General Timber M22 2.56
Electrical Wiring M26 3.31
Wall Paint M27 2.11
Bitumen M30 1.01
Floor tile M32 4.96
Wall tile M33 1.67
Electrical Fitting M38 9.36
Skilled labour L1 6.10
Un-skilled labour L3 8.45
Small equipments P1 4.16
Fuel P3 3.67

Total 90 F = ∑ Px (Ixc-Ixb) 0.000

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17 696.6
Block M5 2.66 716.9
Rubble M6 1.30 746.7
Metal M7 2.04 380.2
Sand M8 8.65 3631.1
Reinforcement steel M13 10.34 787.4
Sanitory (Imported) M19 2.78 638.0
PVC Pipes M20 2.48 1017.7
Form work Timber M21 2.22 1145.1
General Timber M22 2.56 1419.6
Electrical Wiring M26 3.31 585.8
Wall Paint M27 2.11 1021.8
Bitumen M30 1.01 936.1
Floor tile M32 4.96 259.5
Wall tile M33 1.67 1273.1
Electrical Fitting M38 9.36 263.8
Skilled labour L1 6.10 560.3
Un-skilled labour L3 8.45 690.8
Small equipments P1 4.16 471.2
Fuel P3 3.67 1017.7

Total 90 F = ∑ Px (Ixc-Ixb) 0.000

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17 696.6
Block M5 2.66 716.9
Rubble M6 1.30 746.7
Metal M7 2.04 380.2
Sand M8 8.65 3631.1
Reinforcement steel M13 10.34 787.4
Sanitory (Imported) M19 2.78 638.0
PVC Pipes M20 2.48 1017.7
Form work Timber M21 2.22 1145.1
General Timber M22 2.56 1419.6
Electrical Wiring M26 3.31 585.8
Wall Paint M27 2.11 1021.8
Bitumen M30 1.01 936.1
Floor tile M32 4.96 259.5
Wall tile M33 1.67 1273.1
Electrical Fitting M38 9.36 263.8
Skilled labour L1 6.10 560.3
Un-skilled labour L3 8.45 690.8
Small equipments P1 4.16 471.2
Fuel P3 3.67 1017.7

Total 90 F = ∑ Px (Ixc-Ixb) 0.000

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17 696.6 696.6
Block M5 2.66 716.9 683.4
Rubble M6 1.30 746.7 770.6
Metal M7 2.04 380.2 410.3
Sand M8 8.65 3631.1 3612.8
Reinforcement steel M13 10.34 787.4 787.4
Sanitory (Imported) M19 2.78 638.0 638.0
PVC Pipes M20 2.48 1017.7 1017.7
Form work Timber M21 2.22 1145.1 1145.1
General Timber M22 2.56 1419.6 1419.6
Electrical Wiring M26 3.31 585.8 531.3
Wall Paint M27 2.11 1021.8 924.8
Bitumen M30 1.01 936.1 936.1
Floor tile M32 4.96 259.5 259.5
Wall tile M33 1.67 1273.1 1273.1
Electrical Fitting M38 9.36 263.8 251.1
Skilled labour L1 6.10 560.3 560.3
Un-skilled labour L3 8.45 690.8 690.8
Small equipments P1 4.16 471.2 471.2
Fuel P3 3.67 1017.7 1017.7

Total 90 F = ∑ Px (Ixc-Ixb) 0.000

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17 696.6 696.6
Block M5 2.66 716.9 683.4
Rubble M6 1.30 746.7 770.6
Metal M7 2.04 380.2 410.3
Sand M8 8.65 3631.1 3612.8
Reinforcement steel M13 10.34 787.4 787.4
Sanitory (Imported) M19 2.78 638.0 638.0
PVC Pipes M20 2.48 1017.7 1017.7
Form work Timber M21 2.22 1145.1 1145.1
General Timber M22 2.56 1419.6 1419.6
Electrical Wiring M26 3.31 585.8 531.3
Wall Paint M27 2.11 1021.8 924.8
Bitumen M30 1.01 936.1 936.1
Floor tile M32 4.96 259.5 259.5
Wall tile M33 1.67 1273.1 1273.1
Electrical Fitting M38 9.36 263.8 251.1
Skilled labour L1 6.10 560.3 560.3
Un-skilled labour L3 8.45 690.8 690.8
Small equipments P1 4.16 471.2 471.2
Fuel P3 3.67 1017.7 1017.7

Total 90 F = ∑ Px (Ixc-Ixb) 0.000

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
PRICE ADJUSTMENT TABLE

CIDA Input Current Base

(Ixc-Ixb) Px (Ixc-Ixb)
Item reference Percentage Indices Indices (Ixc-Ixb)
Ixb Ixb
for indices (Px) % (Ixc) (Ixb)
Cement M1 10.17 696.6 696.6 0.0000 0.0000 0.0000
Block M5 2.66 716.9 683.4 33.5000 0.0490 0.1304
Rubble M6 1.30 746.7 770.6 -23.9000 -0.0310 -0.0403
Metal M7 2.04 380.2 410.3 -30.1000 -0.0734 -0.1497
Sand M8 8.65 3631.1 3612.8 18.3000 0.0051 0.0438
Reinforcement steel M13 10.34 787.4 787.4 0.0000 0.0000 0.0000
Sanitory (Imported) M19 2.78 638.0 638.0 0.0000 0.0000 0.0000
PVC Pipes M20 2.48 1017.7 1017.7 0.0000 0.0000 0.0000
Form work Timber M21 2.22 1145.1 1145.1 0.0000 0.0000 0.0000
General Timber M22 2.56 1419.6 1419.6 0.0000 0.0000 0.0000
Electrical Wiring M26 3.31 585.8 531.3 54.5000 0.1026 0.3395
Wall Paint M27 2.11 1021.8 924.8 97.0000 0.1049 0.2213
Bitumen M30 1.01 936.1 936.1 0.0000 0.0000 0.0000
Floor tile M32 4.96 259.5 259.5 0.0000 0.0000 0.0000
Wall tile M33 1.67 1273.1 1273.1 0.0000 0.0000 0.0000
Electrical Fitting M38 9.36 263.8 251.1 12.7000 0.0506 0.4734
Skilled labour L1 6.10 560.3 560.3 0.0000 0.0000 0.0000
Un-skilled labour L3 8.45 690.8 690.8 0.0000 0.0000 0.0000
Small equipments P1 4.16 471.2 471.2 0.0000 0.0000 0.0000
Fuel P3 3.67 1017.7 1017.7 0.0000 0.0000 0.0000

Total 90 F = ∑ Px (Ixc-Ixb) 1.018

Ixb
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
CALCULATION

Bid submitted month : Feb 2020

Considered month for Ixb : Jan 2020
Considered month for Ixc : Dec 2020

1.0 Price Adjustment Computation for the Valuation No = 5

2.0 Previous Valuation

a. Date = Up to end of November 2020
b. Cumulative Value of Work Done =
c. Cost of Material at site 80% =
d. Value of non-adjustable elements =

3.0 Current Valuation

a. Date = Up to end of December 2020
b. Cumulative Value of Work Done =
c. Cost of Material at site 80% =
d. Value of non-adjustable elements =

4.0 Computation of (V - Vna) V =

Vna =
V - Vna =

5.0 Computation 0.966 (V-Vna) =

100

6.0 Price Adjustment for the Current Valuation F = Px (Ixc-Ixb) x 0.966 (V-Vna)
Ixb 100

= x
=
7.0 Price Adjustment for the Previous Valuation = 256,467.55
8.0 Price Adjustment Cumulative = Rs. 256,467.55
 PROPOSED EXTENTION TO BUILDING COMPLEX FOR SLIDA AT 28/10, MALALASEKARA MAWATHA,
COLOMBO 07.
PRICE ESCALATION COMPUTATION
CALCULATION

Bid submitted month : Feb 2020

Considered month for Ixb : Jan 2020
Considered month for Ixc : Dec 2020

1.0 Price Adjustment Computation for the Valuation No = 5

2.0 Previous Valuation

a. Date = Up to end of November 2020
b. Cumulative Value of Work Done = 41,367,675.45
c. Cost of Material at site 80% = 1,078,346.89
d. Value of non-adjustable elements = 5,567,890.34
3.0 Current Valuation
a. Date = Up to end of December 2020
b. Cumulative Value of Work Done = 52,100,245.67
c. Cost of Material at site 80% = 867,945.00
d. Value of non-adjustable elements = 6,456,734.04

4.0 Computation of (V - Vna) V = 10,522,168.33

Vna = 888,843.70
V - Vna = 9,633,324.63

5.0 Computation 0.966 (V-Vna) = 93,057.92

100

6.0 Price Adjustment for the Current Valuation F = Px (Ixc-Ixb) x 0.966 (V-Vna)
Ixb 100

= 1.018 x 93,057.92
= 94,770.18
7.0 Price Adjustment for the Previous Valuation = 256,467.55
8.0 Price Adjustment Cumulative = Rs. 351,237.73