ESTIMATION
RA Bill — Running Account Bill (Interim Payment)
Running Account Bill (Interim Payment)
Also calledra billra bill full formwhat is ra billra bill meaningrunning account bill (interim payment)
Definition
Interim contractor payment claim raised periodically during construction (typically monthly) — based on measured work executed since last RA bill. Format per CPWD: covers measurements, abstract of cost, deductions (security, retention, advances), net payable. Final bill closes the account.
Frequently asked
What is the full form of RA Bill?
RA Bill = Running Account Bill (Interim Payment). Interim contractor payment claim raised periodically during construction (typically monthly) — based on measured work executed since last RA bill.
Related terms
SOR — Schedule of Rates (Government rate book)
Schedule of Rates (Government rate book)
DPR — Detailed Project Report
Detailed Project Report
DSR — Delhi Schedule of Rates (CPWD)
Delhi Schedule of Rates (CPWD)
BSR — Basic Schedule of Rates
Basic Schedule of Rates
IRUSSOR — Indian Railways Unified Standard Schedule of Rates
Indian Railways Unified Standard Schedule of Rates
CPWD — Central Public Works Department
Central Public Works Department
SSR — State Schedule of Rates (PWD)
State Schedule of Rates (PWD)
Retention Money
A percentage deducted from each running bill, released after defect liability
Measurement Book (M-Book)
Statutory field record of all work measured, the basis of every running + final bill
BIS — Bureau of Indian Standards
Bureau of Indian Standards