Kerala Pwd | Price 3

Based on standard Kerala PWD SoR structure, "Price 3" data would typically contain the following breakdowns:

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 price escalation clause linked to the PWD SOR. kerala pwd price 3

Without such a clause, the "Price 3" rate at the time of tendering remains fixed. This has led to disputes and arbitration cases, especially during the post-COVID inflation period (2021–2023) when material prices shot up 40%. Based on standard Kerala PWD SoR structure, "Price

Smart move: Always insert a clause in your contract stating: "The rates shall be subject to adjustment based on the latest Kerala PWD BSR price category applicable at the time of actual execution." The Kerala PWD publishes an annual or biannual

The Kerala PWD publishes an annual or biannual Schedule of Rates (SOR)—often called the Basic Schedule of Rates (BSR)—which acts as the official pricing bible for all civil works undertaken by the government. This includes:

The SOR breaks down every possible construction activity into item codes, each assigned a unit rate (per cubic meter, per kilogram, per square foot, etc.). These rates are divided into different price indices or "prices" (Price 1, Price 2, Price 3, etc.), typically based on: