3 Fixed | Kerala Pwd Price
The rates are not static; they are periodically updated by the government to reflect market fluctuations.
The Kerala PWD Rate/Price 3 consists of several components, including:
: The system automatically generates Bill of Quantities (BOQ) and tender schedules for the e-tendering process. 2. The Role of Schedule of Rates (SoR) The "Price" in PRICE 3.0 is governed by the Delhi Schedule of Rates (DSR)
To get the most current and precise rate for any SOR item, you should check the official channels directly. The PWD publishes the SOR, but it may not be easily accessible online. For the most accurate information, it is best to:
| Component | % of Price 3 | Source | | :--- | :--- | :--- | | | 55% | Quoted from district-level dealers (Price 1) | | Labour & Shuttering | 25% | PWD standard labour schedules | | Plant & Machinery (Mixer, Vibrator) | 10% | Depreciation + fuel (linked to diesel price index) | | Overheads (Site office, security, water) | 5% | Fixed | | Contractor’s Profit | 5% | This is the key number. In Price 3, profit is legally capped at 5%. | kerala pwd price 3
The system has progressed significantly from its early iterations to its current advanced version, (commonly referenced as Kerala PWD PRICE 3 ). This software provides a unified web-based application covering the entire lifecycle of public works across multiple engineering organizations in Kerala. What is the PRICE 3.0 Software Ecosystem?
The PRICE3_PMU_Demo_Presentation outlines that the system is overseen by the PRICE Project Management Unit (PMU), which includes executive and coordination committees to ensure smooth operations.
The PRICE 3.0 system is robust, featuring several modules designed to streamline construction projects:
⚠️ These rates are revised annually or biennially. Always refer to the latest SoR (e.g., 2023–24 or 2024–25). The rates are not static; they are periodically
The Schedule of Rates (SoR) is the official rate book of the Kerala PWD. It is the foundation of all cost estimates for government civil works, including buildings, roads, and bridges. The SoR provides standard unit rates for thousands of construction items and is updated periodically to reflect market conditions.
Supports the entire approval chain, from online estimate submission by Assistant Engineers to digital issuing of Administrative Sanction (AS) and Technical Sanction (TS) .
Creating, reviewing, and approving detailed estimates and recast estimates. Tender Management: Online handling of tender processes.
Based on the standard terminology used by the Kerala Public Works Department (PWD), "Price 3" refers to a specific set of rates used for calculating contract amounts. The Role of Schedule of Rates (SoR) The "Price" in PRICE 3
: As of recent circulars, Kerala PWD has moved toward adopting the
[Estimate Initiated] ➔ [Administrative Sanction (AS)] ➔ [Technical Sanction (TS)]
[Assistant Engineer] Creates Draft Estimate │ ▼ [Online Submission] Higher Officer Review & Comments │ ▼ [Sanction Status] Automated AS & TS Registration │ ▼ [Final Output] System-Generated BOQ for e-Tender