MARKET RATE SCHEDULE
Other Chapters
UNITSBUILDING SPECIFICATIONSBILL OF QUANTITITESMATERIAL STATEMENTMARKET RATE SCHEDULESCHEDULES OF BARSESTIMATIONRATE ANALYSIS
- Q1: What is MRS?Ans: MRS stands for Market Rate Schedule.
The tabular format to determine the rate of work from the quantities of materials and labours and their cost is called Market Rate Schedule. - Q2: Define P.W.D.Ans: P.W.D is Public Works Department. This department is responsible for constructing and maintaining public infrastructure like roads, buildings, and water systems.
- Q3: Why is MRS needed?Ans: MRS is needed for:
- ➔ Accurate costing
- ➔ Competitive bidding
- ➔ Risk mitigation
- ➔ Resource Allocation
- Q4: What is the current rate of mason?Ans: The current rate to mason is Rs.1400/-
- Q5: What is the market rate for bricks?Ans: The current market rate of bricks is Rs.7000/1000 bricks.
- Q6: What is the fiscal year of Pakistan?Ans: The fiscal year of Pakistan is from July to June.
- Q7: Define Premium.Ans: The amount paid to the contractor for adjusting the schedule of rates according to current rates is called Premium.
- Q8: Define Rebate.Ans: The penalty amount paid by the contractor in case of poor performance is called Rebate.
- Q9: Define Comparative Statement.Ans: A comparative statement is a document that compares the estimated or budgeted costs of a project with its actual costs, highlighting any differences.
- Q10: Write the difference between Pakistan PWD and Public Works Dept.Ans:
Pakistan PWD: Federal department responsible for construction and maintenance of national infrastructure like highways, federal buildings, and major projects.
Example: Building and maintaining the Islamabad–Rawalpindi motorway or federal government offices in Islamabad.
Public Works Department (Provincial): Provincial-level departments managing local infrastructure such as district roads, schools, and hospitals within the province.
Example: Punjab PWD handles construction and repair of provincial roads and government buildings in Lahore and other districts. - Q11: Define Pergola.Ans: A pergola is an outdoor garden structure with a framework of vertical posts and crossbeams, often used to support climbing plants and provide partial shade.
- Q12: Write the method to connect old roof to new roof.Ans: When connecting a new RCC slab to an existing RCC roof:
- ➔ Expose old reinforcement bars (cut into old slab).
- ➔ Drill and grout new rebar using epoxy or mechanical anchors.
- ➔ Tie new rebar to old using proper lap length
- ➔ Use shear keys or dowels for extra bonding.
- ➔ Ensure joint formwork is tight and cured properly.
- ➔ Pour new concrete and vibrate well to bond old and new.
