A critical feature of PRICE 3 is its capacity to generate . This ensures that project costs are aligned with current market conditions rather than solely relying on outdated SOR rates, which is crucial for managing unexpected price hikes in materials like steel or bitumen 3.2.5. 4. Integration with E-Tendering
The Kerala PWD periodically revises the Price 3 rates—typically every April or October. If you are executing a long-term contract (e.g., 18 months), sudden hikes in cement or steel prices might not be automatically compensated unless you have a linked to the PWD SOR.
: While pioneered by the Kerala PWD , PRICE 3 is deployed across various engineering departments. It integrates operations for the Local Self Government Department (LSGD), Kerala Water Authority (KWA), Irrigation Department, Agriculture Wing, and Harbour Engineering. kerala pwd price 3
Offers a transparent view of the current status of an estimate to all authorized officers.
Disclaimer: The rates mentioned in this article are illustrative and based on historical patterns. For current Kerala PWD Price 3 rates, always refer to the latest official gazette or BSR document from the Kerala Public Works Department. A critical feature of PRICE 3 is its capacity to generate
in this context likely represents:
Creating, submitting, and processing bills based on the Schedule of Rates (SOR). It integrates operations for the Local Self Government
While originally developed for PWD, the PRICE 3.0 platform has been extended to several other entities, including: