What are Standard Schedule Rates ?

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This term Standard Schedule Rates is commonly used in power utilities and government contracts to refer to predefined rates for materials, equipment, or services as per an approved schedule. These rates act as a benchmark for pricing and comparison across different utilities or vendors. 

 SSR = Standard Schedule Rates

Further, 

  • FAD Price likely refers to the actual price in the Purchase Order (Final Agreed/Approved Price)
Note: will go in details, further
Location: India

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