0
25kviews
Explain: Contingencies and work Establishment charges
1 Answer
0
2.2kviews

Contingencies:

The item “Contingencies” indicates the identical expenses of a miscellaneous character which cannot be reasonably predicted during preparation of the estimate and to meet such unforeseen expenses an additional amount of 3% to 5% of estimated cost of work is provided in the total estimate.

The miscellaneous Expenses which cannot approximately be classified under any distinct sub-head may be debited to the sub head “Contingencies”.

Work-Charged Establishment:

Work charged Establishment will include such temporary establishments as are employed for the execution of the immediate technical supervision or departmental stores and machinery in connection with a specific work.

Work-charged staff may be technical person or an under staff of technical person to assist him at work site, guard etc. But work charged staff does not include non-industrial employees such as typist, draftsman, clerks or extra establishment of any kind for any office as they are properly chargeable to the regular establishments.

For Work-charged establishment, an amount of 2% to 2.5% of the estimated cost of works is provided in the estimates.

Please log in to add an answer.