Schedule 4: Steel Fabrication Works Schedule 5: Road Works –WBM Schedule 6: Road BTM Schedule 7: Table 2: Cost Indices and Reference Prices (applicable for specific items) for adjustment in contract prices [as per GCC 45]. WPI with base 2004-2005 = on the Base Date Base Date = Deadline for submission of bids S. Cost Indices or Cost on Index for adjustment Sources of Index No. Element the Base Date [1] [2] [3] [4] [5] [6] 1. Fixed a 2. Labour b Lo- all India Ln-CPI for the month for Labour Bureau, average Consumer which the IPC is related Ministry of Labour Price Index (CPI) and Employment, Number for Government of India. Industrial Workers for centre ….. (Base 2001 = 100) on the base date. 3. Steel c So Whole-sale Sn-WPI for the month which Economic Advisor, – Price Index (WPI) is two months prior to the Ministry of Commerce for Steel [Steel month to which IPC is and Industry, related Government of India. Long] 4. Cement d Co-WPI for Grey Cn-WPI for the month which Economic Advisor, Cement the cement is brought to site Ministry of Commerce or one month prior to the and Industry, month to which IPC is Government of India related, whichever is less 5. Plant & e Eo-WPI for En WPI for the month to Economic Advisor, – which IPC is related Ministry of Commerce “Construction spares machinery and Industry, ” Government of India 6. Diesel f Do-Unit Cost from Dn-Unit Cost for on the first From the ………. the identified depot day of the month to which Depot on the base date the IPC relates 7. Bitumen g Bo-Unit Cost from Bn- Cost per unit quantity on From Refinery …. the identified the first day of the month in refinery on the base which the material is brought date to site or two months prior to the date to which IPC is related 8. Others h Oo- All India On- All India WPI for all Economic Advisor, Wholesale Price commodities for the month to Ministry of Commerce Index(WPI) for all which IPC is related and Industry, commodities Government of India IPC Interim Payment Certificate –
Schedule 4: Steel Fabrication Works Schedule 5: Road Works –WBM Schedule 6: Road BTM Schedule 7: Table 2: Cost Indices and Reference Prices (applicable for specific items) for adjustment in contract prices [as per GCC 45]. WPI with base 2004-2005 = on the Base Date Base Date = Deadline for submission of bids S. No. Cost Element Indices or Cost on the Base Date Index for adjustment Sources of Index [1] [2] [3] [4] [5] [6] 1. Fixed a 2. Labour b Lo- all India average Consumer Price Index (CPI) Number for Industrial Workers for ….. centre (Base 2001 = 100) on the base date. Ln-CPI for the month for which the IPC is related Labour Bureau, Ministry of Labour and Employment, Government of India. 3. Steel c So – Whole-sale Price Index (WPI) for Steel [Steel Long] Sn-WPI for the month which is two months prior to the month to which IPC is related Economic Advisor, Ministry of Commerce and Industry, Government of India. 4. Cement d Co-WPI for Grey Cement Cn-WPI for the month which the cement is brought to site or one month prior to the month to which IPC is related, whichever is less Economic Advisor, Ministry of Commerce and Industry, Government of India 5. Plant & spares e Eo-WPI for “Construction machinery ” En – WPI for the month to which IPC is related Economic Advisor, Ministry of Commerce and Industry, Government of India 6. Diesel f Do-Unit Cost from the identified depot on the base date Dn-Unit Cost for on the first day of the month to which the IPC relates From the ………. Depot 7. Bitumen g Bo-Unit Cost from the identified refinery on the base date Bn- Cost per unit quantity on the first day of the month in which the material is brought to site or two months prior to the date to which IPC is related From …. Refinery 8. Others h Oo- All India Wholesale Price Index(WPI) for all commodities On- All India WPI for all commodities for the month to which IPC is related Economic Advisor, Ministry of Commerce and Industry, Government of India IPC – Interim Payment Certificate
W-2%20Medium%20(two%20cover%20e-GP,%20GL)%20ESHS%20Version.docx