A subsidiary of Pakistan Engineering Council (PEC), PICC is a
non-profit, research based institution to function independently for
preparation and updating of web based cost of all construction inputs and to
deal with matters related to engineering contracts.
The Institute prepare, update and maintains on its website the
Cost Data of all construction inputs; develop and updates Country specific
Schedule of Rates (SoR); Country specific Procurement Documents; prepares
guidelines for Cost Estimation of Construction Works; develops standard
methods for Measuring Elemental Construction Works and Uniform
Classifications Systems for Specifications & BOQs. It also conducts
training, workshops, courses and research on engineering cost &
contracts.
Schedule of Rates
Schedule of Rates
(SoR) for basic and Composite items are being developed progressively. The
basic input rates for all the Districts of Pakistan including AJK and for
Gilgit Baltistan are determined and hoisted on the website. The Composite
Item Rates for various sections; such as Concrete, Masonry, Finishing, Road
works, Electrical Works, Earth Works etc. ; are developed and hoisted on
website for all the districts of Pakistan including AJK and
Gilgit-Baltistan.
These rates are
based on the data collected and verified by the PICC Quantity/Market
Surveyors. Such cost data have been checked and analyzed by the Cost
Engineers and Quantity Surveyors for final determination of the rates.
These cost data
are available on website for the current month as well as for two preceding
months. However, the old data are available under the head “Archives” to
Subscribers of PICC Cost Data.
Following are
the general considerations regarding input rates:
The rates of basic construction inputs are hoisted on
the web site for all the city districts of Pakistan including AJK. The
input rates for Gilgit Baltistan are also available.
The material rates are inclusive of transportation and
other applicable taxes/charges but excluding contractor’s profit and
overheads.
The rates of plants and equipments are inclusive of fuel
consumption.
Each basic construction input has been identified by a
unique code and placed under the relevant classified section.
To account for the diversity in quality, some of the
materials are categorized into various classes such as class A, B and C
whereas class A signifies the highest quality. However some
manufacturers of plumbing products have categorized their products into
various classes based on the quality in the reverse order.