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PV Formula and Indice

The document outlines price variation formulas for different hardware fittings and accessories used in overhead power lines. It provides formulas that calculate the price adjustment amount (EC1) based on changes in price indices for materials like aluminum, zinc, and steel as well as changes in labor costs, with different weightages assigned to each component depending on the type of fitting. The formulas use price indices from 30 days before bid opening as the base and indices from 60 days before shipment to calculate the adjustment.

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Pavan Kumar
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624 views2 pages

PV Formula and Indice

The document outlines price variation formulas for different hardware fittings and accessories used in overhead power lines. It provides formulas that calculate the price adjustment amount (EC1) based on changes in price indices for materials like aluminum, zinc, and steel as well as changes in labor costs, with different weightages assigned to each component depending on the type of fitting. The formulas use price indices from 30 days before bid opening as the base and indices from 60 days before shipment to calculate the adjustment.

Uploaded by

Pavan Kumar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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Price Variation Formula

 P. V. Formula for Hardware Fittings for ACSR Moose Conductor : -

(AI – AO) (BI – BO) (CI – CO) (LI – LO)


0.43 x ---------------- + 0.05 x --------------- + 0.21 x --------------- + 0.16 x ---------------
AO BO CO LO

 P.V. Formula for Mid Span Joint for ACSR Moose Conductor : -

(AI – AO) (BI – BO) (CI – CO) (LI – LO)


0.60 x -------------- + 0.03 x --------------- + 0.07 x --------------- + 0.15 x -----------------
AO BO CO LO

 P.V. Formula for Mid Span Joint for GS Earthwire: -

(AI – AO) (BI – BO) (CI – CO) (LI – LO)


0.45 x -------------- + 0.05 x --------------- + 0.20 x --------------- + 0.15 x -----------------
AO BO CO LO

 PV Formula for Bundle Spacer, Rigid Spacer and Repair Sleeve


for ACSR Moose conductor: -

(AI – AO) (LI – LO)


0.70 x ------------------ + 0.15 x ------------------
AO LO

 PV Formula for Vibration Damper for ACSR Moose Conductor & GS Earthwire : -

(AI – AO) (BI – BO) (CI – CO) (LI – LO)


0.15 x ---------------- + 0.07 x --------------- + 0.48 x --------------- + 0.15 x ---------------
AO BO CO LO
 PV Formula for Tension Clamps and Suspension Clamp for GS Earthwire : -

(AI – AO) (BI – BO) (CI – CO) (LI – LO)


0.18 x ---------------- + 0.07 x --------------- + 0.45 x --------------- + 0.15 x ---------------
AO BO CO LO

EC1 = Price adjustment amount of respective items, shipment-wise.

EC0 = Ex-works / Base Date price of respective items, shipment-wise.

A = Price indices for EC grade Aluminium ingots, as published by IEEMA.

B = Price indices for Electrolytic High Grade Zinc, as published by IEEMA.

C = Price indices for Iron & Steel, as published by IEEMA.

L = All India Average Consumer Price Index for industrial workers as


published by Labour Bureau, Shimla (Govt. of India) in IEEMA Circular

Subscript ‘O’ or ‘o’ refers to indices as on 30 days prior to date of bid opening
(referred as base date indices)

Subscript ‘I’ or ‘1’ refers to indices as on 60 days prior to date of shipment.

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