HIMACHAL PRADESH STATE ELECTRICITY BOARD 

 1.         THE COST DATA FOR DISTRIBUTION SUB-STATION EQUIPMENTS AND   MATERIAL FOR LINES INDICATES THE RATES FOR INDIVIDUAL  ITEMS. THE COMPLETE  ESTIMATE FOR A WORK SHALL HOWEVER BE  PREPARED ON THE BASIS OF ACTUAL LAY OUT OF THE DISTRIBUTION SUB-STATION & OTHER REQUIREMENTS ETC. 

2.         COST OF CIVIL WORKS FOR LINES, DISTRIBUTION SUB-STATION AND   EQUIPMENT HAS NOT BEEN INCORPORATED WHICH OTHER WISE VARIES FROM PLACE TO PLACE. THE AREA & SITE SPECIFIC CONDITIONS SHALL BE  TAKEN INTO ACCOUNT    WHILE PREPARING THE ESTIMATES. 

3.         COST OF LAND FOR DISTRIBUTION SUB-STATION AND LINES WHICH  COMPRISES OF REQUIREMENT OF LAND EXCAVATION IS NOT ENVISAGED IN THE COST DATA AND WILL BE INCORPORATED IN THE  ESTIMATES AS PER ACTUAL REQUIREMENTS.

4.         ESCALATION IN RESPECT OF THE PERIOD OF IMPLEMENTATION BEYOND 31.03.10 SHALL BE CHARGED @ 10% PER ANNUM WITH (WITH ANNUAL COMPOUNDING) OVER AND ABOVE THE RATES INDICATED IN THIS COST  DATA. THE ESCALATION SHALL BE CHARGED FROM 1.4.2010 TO THE DATE OF COMMISSIONING OF THE WORKS. ESCALATION FOR PART OF  YEAR SHALL BE WORKED OUT ON PROPORATA BASIS IN PROPORTION TO THE NUMBER OF MONTHS.

5.         THE RATES OF COST DATA FOR 2009-10 HAVE BEEN ESTIMATED BY  TAKING INTO ACCOUNT COST ESCALATION @ 10% OVER THE CALCULATED COST IN THE COST DATA FOR THE YEAR 2008-09 IN RESPECT OF ITEMS P.O. FOR WHICH HAS NOT BEEN PLACED  DURING  THE INTERVENING PERIOD AND IN RESPECT OF ITEMS P.O. FOR  WHICH HAS BEEN PLACED DURING 2008, HPSEB MAY HOWEVER REVISE THE COST DATA AND THE RELEVANT  ESTIMATES AT  ANY TIME     BASED   ON THE ACTUAL PROCUREMENT PRICES IN  CASE OF  ABNORMAL DEVIATIONS FOR ANY ITEM(S) 

6.         THE ESTIMATES FOR THE WORKS/EQUIPMENTS  NOT SPECIFICALLY COVERED IN THE COST DATA SHALL BE PREPARED BY SUITABLY TAKING INTO ACCOUNT THE ESTIMATED COST OF THE  OTHER SIMILAR  EQUIPMENTS/ WORKS INCLUDED IN THE COST DATA   ALONGWITH   SUITABLE MODIFICATIONS AND THE EFFECT OF OTHER RELEVANT FACTORS SPECIFIC TO THE WORKS/ EQUIPMENT  TO BE ESTIMATED. 

7.         IN CASE OF WORKS AWARED ON TURN-KEY BASIS AFTER FOLLOWING THE BIDDING PROCESS. THE ESTIMATES SHALL BE PREPARED/ REVISED ON THE BASIS OF COST AS PER SUCH AWARDS 

8.                  THE PRICES ARE SUBJECT TO INCREASE OR DECREASE AS PER IEEMA FORMULA APPLICABLE FOR THE BASIC RAW MATERIAL i.e. STEEL, COPPER, ALUMINIUM etc.