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The following is a breakdown of supplying and installing a piece of equipment to a project owner, at the time of contract: EGP Cost of equipment 250,000 Manpower (installation) 50,000 Overhead and profits 70,000 i – Calculate the price of supplying and installing the equipment ii – If the supply and installing of the equipment was delayed by the project owner, calculate the escalated price of works based on the FIDIC Red Book 1990 formula given: Updated cost of equipment 270,000 EGP Base price index of manpower 123.2 Updated price index of manpower 144.9

The following is a breakdown of supplying and installing a piece of equipment to a project owner, at the time of contract: EGP Cost of equipment 250,000 Manpower (installation) 50,000 Overhead and profits 70,000 i – Calculate the price of supplying and installing the equipment ii – If the supply and installing of the equipment was delayed by the project owner, calculate the escalated price of works based on the FIDIC Red Book 1990 formula given: Updated cost of equipment 270,000 EGP Base price index of manpower 123.2 Updated price index of manpower 144.9

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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The following is a breakdown of supplying and installing a piece of equipment to a project owner, at
the time of contract: EGP
Cost of equipment 250,000
Manpower (installation) 50,000
Overhead and profits 70,000
i – Calculate the price of supplying and installing the equipment
ii – If the supply and installing of the equipment was delayed by the project owner, calculate the
escalated price of works based on the FIDIC Red Book 1990 formula given:
Updated cost of equipment 270,000 EGP
Base price index of manpower 123.2
Updated price index of manpower 144.9

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