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

Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
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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
Transcribed Image Text: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)
Transcribed Image Text: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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