Data for Cost Analysis




PICC Overview



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:

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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.
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The material rates are inclusive of transportation and other applicable taxes/charges but excluding contractor’s profit and overheads.
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The rates of plants and equipments are inclusive of fuel consumption.
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Each basic construction input has been identified by a unique code and placed under the relevant classified section.
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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.
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The cost data are updated on monthly basis.Back
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