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.