Examples of Cost of work in a sentence
Less cost of services rendered at fixed charges as per Clause 34 and recovered during the quarter (L) Cost of work for which escalation is applicable: W = N - (K + L) (iii) Components for materials (except cement, reinforcement bars, structural steel or other materials covered under clause 10 CA) labour, P.O.L., etc.
W = Cost of work done during the period under reckoning to which the escalation / de-escalation relates as indicated in clause-2.4 of the Additional Terms & Conditions of the contract.
W : Cost of work done, worked out as indicated in sub-para (ii) above.
Extra items/deviated quantities of items paid as per Clause 12 Based on prevailing market rates during this quarter: (J)Then, M = C+F+I-J N = 0.85 M Cost of work for which escalation is applicable:W = N Components for materials (except cement, reinforcement bars, structural steel, POL or other materials covered under clause 10 CA) labour, etc.
Cost of work shall mean gross value of the completed work including the cost of materials supplied by the Govt.