Rate Variation Calculations in Construction Bills - Basic Rate Variation Calculation for Materials

Dear Friends,
In this video i have explained about how to adjust the basic rate materials in a item rate contract, also elaborated calculation method for construction bills.
Also i have define what is the purpose of basic rate in construction contracts and how basic rate provide the flexibility for cost controlling during construction.
basic Rate materials calculation in construction bills
what is method for basic rate in bills
Basic rate adjustment formula for construction bills
Basic rate formula
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