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  • (Avg. Index (I) - Basic Index (I0) ) /basic Index (I0)

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    Bhadresh Kumbhani
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    This document outlines price escalation for a storm water network project from January 2021 to September 2022. It provides details of escalation amounts calculated on a quarterly basis, including net amounts, materials quantities, and calculations using average labor and materials indices compared to baseline indices from December 2018. The escalation amounts payable for each of the four quarters in 2021 are: Quarter I - Rs. 1,179,035.83, Quarter II - Rs. 1,765,869.11, Quarter III - Rs. 11,033,495.06. Price escalation for Quarter IV of 2021 is also provided.

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    This document outlines price escalation for a storm water network project from January 2021 to September 2022. It provides details of escalation amounts calculated on a quarterly basis, including net amounts, materials quantities, and calculations using average labor and materials indices compared to baseline indices from December 2018. The escalation amounts payable for each of the four quarters in 2021 are: Quarter I - Rs. 1,179,035.83, Quarter II - Rs. 1,765,869.11, Quarter III - Rs. 11,033,495.06. Price escalation for Quarter IV of 2021 is also provided.

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    © All Rights Reserved
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    10 views4 pages

    (Avg. Index (I) - Basic Index (I0) ) /basic Index (I0)

    Uploaded by

    Bhadresh Kumbhani
    This document outlines price escalation for a storm water network project from January 2021 to September 2022. It provides details of escalation amounts calculated on a quarterly basis, including net amounts, materials quantities, and calculations using average labor and materials indices compared to baseline indices from December 2018. The escalation amounts payable for each of the four quarters in 2021 are: Quarter I - Rs. 1,179,035.83, Quarter II - Rs. 1,765,869.11, Quarter III - Rs. 11,033,495.06. Price escalation for Quarter IV of 2021 is also provided.

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    © All Rights Reserved
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    of 4

    Price Escalation - 1

    Working Period - 01/01/2021 to 30/09/2022


    Engineering, Procurement, Delivery, Construction, Installation, Commissioning &
    Comprehensive Operation and Maintenance for Period of Five Years of Storm water
    Name of Project network in the city and recharging the Chab Talav in Dahod City under “Smart City
    Mission” as per Technical Specifications, Scope of work and Service Level Agreements.
    (IInd Attempt)

    Name of Contractor Jayantisuper Construction Pvt Ltd


    Name of PMC TATA CONSULTING ENGINEERS LTD.

    (A). Quarter 1 - 2021


    Net amount 137280840.48
    Total amount of Cement 70461.19
    Quarter I -2021
    Total amount of steel 151473.03
    Total amount of Bitumen -17941.52
    R Value 137076847.78 Total amount for Quarter I - 2021
    Basic
    Index
    Jan-21 Feb-21 Mar-21 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 340.42 342.72 344.45 342.53
    Materials other than
    01-01-
    Cement, Steel and Asphalt 119.7 126.50 128.10 129.90 128.17
    2021 to
    (B)
    31-03-
    P.O.L (C) 67 84.63 89.23 88.85 87.57
    2021
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.14 0.30 4256236.12


    Materials other than
    Cement, Steel and Asphalt 0.75 137076847.78 0.07 0.60 4379605.29
    (B)
    P.O.L (C) 0.75 0.31 0.10 3156194.42
    Total Payable Amount (A) 11792035.83
    (B). Quarter 2- 2021
    Net Amount 156350295.36
    Total amount of Cement 168520.25
    Quarter II-2021
    Total amount of steel 387832.42
    Total amount of Bitumen 13054.93
    R Value 155780887.76 Total amount for Quarter II - 2021
    Basic
    Index
    Apr-21 May-21 Jun-21 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 345.89 347.33 350.50 347.90
    Materials other than
    01-04-
    Cement, Steel and Asphalt 119.70 132.00 132.90 133.70 132.87
    2021 to
    (B)
    30-06-
    P.O.L (C) 67.00 88.02 92.95 97.04 92.67
    2021
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Bill Amount
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.16 0.30 5467909.16


    Materials other than
    Cement, Steel and Asphalt 0.75 155780887.76 0.11 0.60 7711153.94
    (B)
    P.O.L (C) 0.75 0.38 0.10 4474806.00
    Total Payable Amount (B) 17653869.11
    Price Escalation - 1
    Working Period - 01/01/2021 to 30/09/2022
    Engineering, Procurement, Delivery, Construction, Installation, Commissioning &
    Comprehensive Operation and Maintenance for Period of Five Years of Storm water
    Name of Project network in the city and recharging the Chab Talav in Dahod City under “Smart City
    Mission” as per Technical Specifications, Scope of work and Service Level Agreements.
    (IInd Attempt)

    Name of Contractor Jayantisuper Construction Pvt Ltd


    Name of PMC TATA CONSULTING ENGINEERS LTD.

    ( C). Quarter 3 - 2021


    Escalation amount 81064056.64
    Total amount of Cement 48622.05
    Quarter III-2021
    Total amount of steel 139531.67
    Total amount of Bitumen 0.00
    R Value 80875902.92 Total amount for Quarter III - 2021
    Basic
    Index
    Jul-21 Aug-21 Sep-21 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 353.66 354.24 355.10 354.34
    Materials other than
    01-07-
    Cement, Steel and Asphalt 119.70 135.00 136.20 137.40 136.20
    2021 to
    (B)
    30-09-
    P.O.L (C) 67.00 97.77 97.77 97.98 97.84
    2021
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.18 0.30 3220882.83


    Materials other than
    Cement, Steel and Asphalt 0.75 80875902.92 0.14 0.60 5022393.57
    (B)
    P.O.L (C) 0.75 0.46 0.10 2790218.65
    Total Payable Amount (C) 11033495.06
    (D). Quarter 4 - 2021
    Escalation amount 251466706.40
    Total amount of Cement 287884.59
    Quarter IV-2021
    Total amount of steel 807016.27
    Total amount of Bitumen 37528.95
    R Value 250334276.59 Total amount for Quarter IV - 2021
    Basic
    Index
    Oct-21 Nov-21 Dec-21 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 359.71 362.02 361.15 360.96
    Materials other than
    01-10-
    Cement, Steel and Asphalt 119.70 140.70 143.70 143.30 142.57
    2021 to
    (B)
    30-12-
    P.O.L (C) 67.00 106.46 107.31 90.27 101.35
    2021
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.20 0.30 11208717.23


    Materials other than
    Cement, Steel and Asphalt 0.75 250334276.59 0.19 0.60 21516231.07
    (B)
    P.O.L (C) 0.75 0.51 0.10 9631611.29
    Total Payable Amount (D) 42356559.60
    Price Escalation - 1
    Working Period - 01/01/2021 to 30/09/2022
    Engineering, Procurement, Delivery, Construction, Installation, Commissioning &
    Comprehensive Operation and Maintenance for Period of Five Years of Storm water
    Name of Project network in the city and recharging the Chab Talav in Dahod City under “Smart City
    Mission” as per Technical Specifications, Scope of work and Service Level Agreements.
    (IInd Attempt)

    Name of Contractor Jayantisuper Construction Pvt Ltd


    Name of PMC TATA CONSULTING ENGINEERS LTD.

    (D). Quarter 5 - 2022


    Escalation amount 60954259.52
    Total amount of Cement 52998.67
    Quarter IV-2021
    Total amount of steel 177654.18
    Total amount of Bitumen 33787.81
    R Value 60689818.87 Total amount for Quarter IV - 2021
    Basic
    Index
    Jan-22 Feb-22 Mar-22 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 360.29 360.00 362.88 361.06
    Materials other than
    01-01-
    Cement, Steel and Asphalt 119.70 143.80 145.30 148.90 146.00
    2022 to
    (B)
    31-03-
    P.O.L (C) 67.00 90.27 90.27 96.84 92.46
    2022
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.200 0.30 2731041.85


    Materials other than
    Cement, Steel and Asphalt 0.75 60689818.87 0.220 0.60 6008292.07
    (B)
    P.O.L (C) 0.75 0.380 0.10 1729659.84
    Total Payable Amount (D) 10468993.75
    (D). Quarter 6 - 2022
    Escalation amount 242103376.48
    Total amount of Cement 408105.79
    Quarter IV-2021
    Total amount of steel 1046124.50
    Total amount of Bitumen 3800538.58
    R Value 236848607.62 Total amount for Quarter IV - 2021
    Basic
    Index
    Apr-22 May-22 Jun-22 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 367.78 371.52 372.10 370.46
    Materials other than
    01-04-
    Cement, Steel and Asphalt 119.70 152.30 155.00 155.40 154.23
    2022 to
    (B)
    30-06-
    P.O.L (C) 67.00 100.54 100.54 93.28 98.12
    2022
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.231 0.30 12310206.38


    Materials other than
    Cement, Steel and Asphalt 0.75 236848607.62 0.288 0.60 30695579.55
    (B)
    P.O.L (C) 0.75 0.464 0.10 8242331.55
    Total Payable Amount (D) 51248117.47
    Price Escalation - 1
    Working Period - 01/01/2021 to 30/09/2022
    Engineering, Procurement, Delivery, Construction, Installation, Commissioning &
    Comprehensive Operation and Maintenance for Period of Five Years of Storm water
    Name of Project network in the city and recharging the Chab Talav in Dahod City under “Smart City
    Mission” as per Technical Specifications, Scope of work and Service Level Agreements.
    (IInd Attempt)

    Name of Contractor Jayantisuper Construction Pvt Ltd


    Name of PMC TATA CONSULTING ENGINEERS LTD.

    (D). Quarter 7 - 2022


    Escalation amount 172408903.52
    Total amount of Cement 106145.75
    Quarter IV-2021
    Total amount of steel 216980.55
    Total amount of Bitumen 654083.48
    R Value 171431693.74 Total amount for Quarter IV - 2021
    Basic
    Index
    Jul-22 Aug-22 Sep-22 Average Index (I)
    (I0)Dec-
    2018
    Labour(A) 301.00 374.11 374.11 374.11 374.11
    Materials other than
    01-07-
    Cement, Steel and Asphalt 119.70 153.80 153.10 152.10 153.00
    2022 to
    (B)
    30-09-
    P.O.L (C) 67.00 93.28 93.28 93.28 93.28
    2022
    Calculations
    Index Ratio
    (Avg. Index (I) - Basic
    R Value Pi % Total Price variation
    Index (I0))/Basic Index
    (I0)

    Labour(A) 0.75 0.243 0.30 9373027.86


    Materials other than
    Cement, Steel and Asphalt 0.75 17,14,31,693.74 0.278 0.60 21446104.89
    (B)
    P.O.L (C) 0.75 0.392 0.10 5040091.80
    Total Payable Amount (D) 3,58,59,224.54

    Total Amount Of (A+B+C+D) :- 180412295.36

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