Guidelines for Submission of Local Market Rate (LMR

Finance (Ind &PW.B) DePartment
Dated, Thiruvananthapuram, 31. 10 .2074
sub:- Guidelines for submission of Local Market Rate (LMR)
Justification -Modification-Re g-
Ref:- 1. Circular No. 1/2010/Fin dated 05.01'2010
2. Letter No. CEIBL/GTC/2}11 dated 30'06'2014 from the
Chief Engineer, PWD (Buildings)
As per the Circular 1" cited, Government issued guidelines for
of Local Market Rates (LMR) justification. In the letter
cited, the Chief Engineer, PWD (Buildings) reported that preparation of
Local Market Rates at the Taluk level as stipulated in para 2 of the Circular
cited are not reflecting the real rates of material and labour prevailing all
over the taluk since these rates wiclely vary depending upon topography,
accessibiliry and the source of raw materiais.
It is therefore,
suSgested that
the Circular be modified.
Government, after having examined the matter in detail, are
pleased to modify Para 2 of the Circr.rlar cited as follows:
"The Executive Engineer, PWD (Buildings) shali prepare Local
Market Rate of materials for every quarter considering the actual cost of
material excluding contractors' profit, overheads but including conveyance,
loading and unloading, octroi, royalty, sales tax (VAT), etc and labour for
each District depending upon the topography, availabiliry of materials
of the area. A copy of Local Market Rates shall also be
forwarded invariably to the Chief Technical Examiner, Finance (lnspectionTechnical Wing) Department".
The Accountant General (A&E) Kerala, Thiruvanathapuram
The Accountant General (G&SSA) Kerala, Thiruvanathapuram
The Accountant General (E&RSA) Kerala, Thiruvanathapuram
A11 Heads of Departments an<l Offices
Ali Departments of Secretariat
A11 Private Secretaries to Minister
The Private Secretaries to Chief Minister
The Private Secretaries to the Leader of Opposition
A11 Secretaries to Governmen[
The Secretary, Kerala Public Service Commission,
Thiruvananthapurm (With C.L).
The Re gistrar, University of Ker ala/ Cochin/Kozhiko delKottayam
(with C.L)
The Registrar, Kerala Agricultural Universiry, Thrissur (with C.L)
The Registrar, High Court of Kerala, Ernakulam
The Secretary, Kerala Human Rights Commission,
The Advocate General, Kerala, Ernakulam (with C.L)
The Managing Director, Keraia State Road Transport Corporation,
Thiruvananthapuram (with C.L)
The Secretary, Kerala State Electricity Board, Thiruvananthapuram
(with C.L)
The Secretary to Governor.
The Nodal Officer, WVW. F'inance
/By Order