Please use the sample estimate presented. It must meet the exact total estimated project cost given. 2. Referring to the sample estimate presented above, determine the total amount percomponent and fill in the table below.COMPONENTAMOUNT% OF TOTAL PROJECTCOSTProfessional Engineering77.86CostConstruction CostLegal, Land, Administration,Staffing and Financial CostsContingency AllowanceTOTAL100,000,000.00100 BREAKDOWN OF ESTIMATED EXPENDITURES% OF TOTALAMOUNTI. ESTIMATED COSTA. DIRECT COSTA.1. Materials60.0560,046,100.09A.2. Labor3.563,557,235.81A.3. Equipment Expenses14.2614,256,629.72SUB-TOTAL (DIRECT COST)77.86P77,859,965.63B. INDIRECT COST (Per D.O. # 57)B.1. Overhead, Contingency & Misc.7.637,627,102.74(10% Max. of D.C.)B.2. Profit (8 % Max, of D.C.)6.166,163,831.31C. VAT (5 % of D.C. and I.C. Per D.O. # 197 S.2016)4.584,582,544.98SUBTOTAL (CONTRACT COST)96.23P96,233,444.65II. ESTIMATED GOVERNMENT EXPENDITURES1. Engineering and Administrative Overhead (3.5%)3.503,500,000.002. Detailed Engineering (1%)0.003. Reserved for the Payment of RROW0.27266,555.354. Provisonal Sum0.00TOTAL ESTIMATED PROJECT COST100.00P100,000,000.00Sample Project Cost Estimate (DPWH Format)

The construction cost is included in the overhead contingency. This amount is payable in case of…

2. Referring to the sample estimate presented above, determine the total amount per component and fill in the table below. COMPONENT AMOUNT % OF TOTAL PROJECT COST Professional Engineering 77.86 Cost Construction Cost Legal, Land, Administration, Staffing and Financial Costs Contingency Allowance TOTAL 100,000,000.00 100

2. Referring to the sample estimate presented above, determine the total amount per component and fill in the table below. COMPONENT AMOUNT % OF TOTAL PROJECT COST Professional Engineering 77.86 Cost Construction Cost Legal, Land, Administration, Staffing and Financial Costs Contingency Allowance TOTAL 100,000,000.00 100

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Concept explainers

Estimating construction costs

The determination of the cost of various items that would be required to carry out a construction project successfully is termed the estimation of construction costs. For preparing an estimate, the quantities of the materials are calculated from the construction drawings or blueprint design using formulas, and using these quantities, the construction cost estimating is done. The estimation process can be manual or it can be computed using construction estimating softwares such as RSmeans, STACK, and ProEst.

Question

Please use the sample estimate presented. It must meet the exact total estimated project cost given.

2. Referring to the sample estimate presented above, determine the total amount per
component and fill in the table below.
COMPONENT
AMOUNT
% OF TOTAL PROJECT
COST
Professional Engineering
77.86
Cost
Construction Cost
Legal, Land, Administration,
Staffing and Financial Costs
Contingency Allowance
TOTAL
100,000,000.00
100

BREAKDOWN OF ESTIMATED EXPENDITURES
% OF TOTAL
AMOUNT
I. ESTIMATED COST
A. DIRECT COST
A.1. Materials
60.05
60,046,100.09
A.2. Labor
3.56
3,557,235.81
A.3. Equipment Expenses
14.26
14,256,629.72
SUB-TOTAL (DIRECT COST)
77.86
P
77,859,965.63
B. INDIRECT COST (Per D.O. # 57)
B.1. Overhead, Contingency & Misc.
7.63
7,627,102.74
(10% Max. of D.C.)
B.2. Profit (8 % Max, of D.C.)
6.16
6,163,831.31
C. VAT (5 % of D.C. and I.C. Per D.O. # 197 S.2016)
4.58
4,582,544.98
SUBTOTAL (CONTRACT COST)
96.23
P
96,233,444.65
II. ESTIMATED GOVERNMENT EXPENDITURES
1. Engineering and Administrative Overhead (3.5%)
3.50
3,500,000.00
2. Detailed Engineering (1%)
0.00
3. Reserved for the Payment of RROW
0.27
266,555.35
4. Provisonal Sum
0.00
TOTAL ESTIMATED PROJECT COST
100.00
P
100,000,000.00
Sample Project Cost Estimate (DPWH Format)

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The earned value report of a construction project shows that the cost performance index is 1.1. In addition, the budgeted cost of work scheduled is $300,000 whereas the schedule variance is -$100,000. The cost variance of the project is most nearly O 72,000 18,000 200,000 O 33,000
Read the question carefully and give me right solution according to the question
The initial construction cost of a project is $200000 which should be paid at the beginning of the construction period (time =0). Extra expenditures planning to be paid during operation period, which are ($5000) at the end of the first year, $3000 at the end of the second year, $1000 at the end of the third year, $1000 at the end of the fifth year and $ 1000 at the end of the sixth year. If the project life is 10 years and the interest rate is %10, draw the cash flow diagram and find a) the present worth of the project, b) the future worth at the end of the project life, c) the annual payment worth.
8- Based on the below-Eamed Value chart, what is the status of the project schedule and cost at the time of the report? BCWS or PV BCWP or EV ACWP or AC Start Report Schedule Cumulative $
The initial construction cost of a project is $200000 which should be paid at the beginning of the construction period (time =0). Extra expenditures planning to be paid during operation period, which are ($5000) at the end of the first year, $3000 at the end of the second year, $1000 at the end of the third year, $1000 at the end of the fifth year and $ 1000 at the end of the sixth year. If the project life is 10 years and the interest rate is %10, draw the cash flow diagram and find a) the present worth of the project, b) the future worth at the end of the project life, c) the annual payment worth.
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Retainage is usually given as a percentage of an overall project cost, typically %. 10 25 40 65 O000
If you were bidding on a project in your own town, which of the following activities are not important when preparing the estimate: O a. Your commute time to the office O b. Bid our sub-contractor work OC. Visit the project site Od. Considering contingency
Project Z has a current budget of $20 million. The project is working on a 20-month schedule. After month 6, the following performance data is available: Actual Cost (AC) = $6.5 million; Planned Value (PV) = $6.8 million; Earned Value = $7.1 million. What would be the Estimate at Completion, assuming that current cost performance will continue for the rest of the project?