Schedule of Rates MCQ with answer and solution

Concept

Schedule of Rates (SOR)

Formula

N/A

Step-by-step solution

1. Review the given question about what the Schedule of Rates (SOR) document contains. 2. Recall that a Schedule of Rates is an official document containing standard rates for various items of construction work. 3. Compare with the given options and select Option (b) as the correct choice.

Explanation

The Schedule of Rates (SOR) is an official document that lists the fixed standard prices for various construction tasks, labor, and materials. It helps engineers and government departments calculate project costs accurately and prepare estimates or tenders without having to negotiate prices for every individual job.

Shortcut

To remember the Schedule of Rates (SOR), use the key phrase "SOR = Standard Official Rates": - Standard & Official: Contains fixed, standardized unit prices issued by authority/departments. - Rates for Work: Lists standard costs for various construction items, labor, and materials.

Common mistake

A common mistake is selecting Option A by confusing the Schedule of Rates (SOR) with an approved contractor directory or tender list. Students may also pick Option C by assuming the document includes detailed engineering drawings rather than a standardized schedule of unit prices for materials, labor, and construction activities.