Rate analysis is done by breaking down the cost of each item in a construction project to determine the overall cost.

• Rate analysis involves breaking down the cost of each item in a construction projec...read more

It is the determination of rate per unit for the item of work, that rates are consideration of material cost , labour cost, machinery cost, OH, GST, Other Taxes and contractor profit.

As per Specifications of the Item - Cost of the Material , cost of the labor and add contractor profit.

its a process in which overall cost of any item of work is determine per unit quantity of work