In this article, let us work out the cost of M20 grade concrete.
All the calculation part of the material required for concrete is covered in the separate article. So, before proceeding further, you have to go through that article 👇
A. Material cost:
The average ongoing market rate in India is considered for calculation purposes.
B. Labor cost :
The labor rate for concrete ranges from INR 900/- to 1600/- per CUM.
Let us take the average rate of INR 1250/- for the calculation purpose.
Now, let us calculate the cost of the M20 grade concrete per CUM in the table format.
Sl. no. Item. Qty. Rate. in INR. Unit. Cost in INR. 1. Cement 8.06 380/- Bags 3062.80 2. Sand 14.832 60/- Cu ft 889.92 3. Aggregate 29.664 48/- Cu ft. 1423.87 4. Curing Lump-sum 250.00 5. Miscellaneous Lump-sum 150.00 6.
The material cost = 5776.59 7.
Add 5% wastage = 288.82 8.
Total material cost = 6065.42 9.
Labour cost = 1250.00 10. The total cost of M20 grade concrete/ CUM = 7315.42
Note:
1. The quantity of materials in the table is taken from the above-given article.
2. To get accurate results, insert the ongoing market rate of labor & materials in your country or region.
The cost of M20 grade concrete per cu ft.
= [INR 7315.42/- ÷ 35.314]
( 1CUM = 35.314 cu ft.)
= INR 207.15/- per cu ft.
For contractor:
If the concrete work is handed over to any contractor, then you have to add 10% extra as his profit.
The cost of M20 grade concrete work done by a contractor
= [INR 7315.42/- + 10% of INR 7315.42/-]
= [INR 7315.42/- + INR 731.54/-]
= INR 8046.96/- per CUM.
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