Which of the following statements is/are with respect to rates in the building estimation?
A) The rates for building estimation are usually taken from PWD schedule of rates, with appropriate escalation charges.
B) Rates for different items in the estimate are the current rates for the completion of the items of work.
1
Both the statements are false.
2
Only statement B is true.
3
Both the statements are true.
4
Only statement A is true.