Latest topics
» No Objection Letter
Yesterday at 5:21 pm by zeph03

» CATERING SERVICES FOR CONGRESSIONAL MEET AT SAGBAYAN, BOHOL
Thu Dec 14, 2017 7:14 pm by btorres4

» PURCHASE OF FERTILIZERS FOR LIVESTOCK, CORN, HVCDP, INLAND FISHERY, AND ORGANIC PROGRAM
Thu Dec 14, 2017 4:35 pm by btorres4

» Newspaper Publication
Thu Dec 14, 2017 4:10 pm by btorres4

» RENTAL OF LIGHTS AND SOUND SYSTEM
Thu Dec 14, 2017 3:46 pm by btorres4

» Newspaper Publication
Wed Dec 13, 2017 9:50 pm by btorres4

» PURCHASE OF OTHER SUPPLIES FOR SB OFFICE
Wed Dec 13, 2017 4:51 pm by btorres4

» PURCHASE OF RICE FOR FOOD SUPPLIES OF PEACE & ORDER CAMPAIGN
Wed Dec 13, 2017 3:19 pm by btorres4

» Expired Tax Clearance during payment
Wed Dec 13, 2017 3:11 pm by vallemaco6224

» PURCHASE OF MEDICINE FOR MHO
Wed Dec 13, 2017 2:53 pm by btorres4


NSO Price Indices - How applied?

View previous topic View next topic Go down

NSO Price Indices - How applied?

Post by alexkindipan@yahoo.com on Fri Nov 02, 2012 10:14 pm

One eligibility requirement in infra bidding is the completion of one single biggest project which cost is equivalent to at least 50% of the ABC. Intending to participate in a bidding where the 50% level is a bit higher than the biggest contract that my firm completed, my firm might still hurdle it by adjusting the contract amount to current prices using the NSO Price Indices. However, my knowledge about Price Indices and how to use it in order to adjust some cost five (5) years ago to the present is NIL. Can I get some help please?

Following are the NSO data which might be helpful for an actual demo: CPI (Philippines) 2006 (Base Year), 100; CPI September 2012, 131.4; CPI August 2012, 131.5; CPI Sept 2011, 126.8; Inflation Rates (Year on Year, Phil.) - Sept 2012, 3.6%; Aug 2012, 131.5 and Sept 2011, 4.7%.

My firm completed a project that cost P4,770,051.72 in 2008. Please tell me what is its current value using the above data..

alexkindipan@yahoo.com
New Member
New Member

Male Number of posts : 8
Company/Agency : Sta. Maria Construction
Occupation/Designation : Adviser
Registration date : 2012-10-11

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum