BASIS OF ESTIMATE

Purpose of Estimate Provide a +/-10% grade estimate. Scope of Work

Construction Cost Direct

The direct construction costs are calculated by multiplying the quantities of items derived from engineering development during the design and utilizing pricing market. Include the Major Equipment Process, Major Equipment Electrical.
Construction Cost Indirect

This includes the general contractors field staff, temporary facilities, site utilities, field office costs.
General Contractor Home Office Overhead

The markups for the general contractor also include home office overhead costs, bonds and insurance. This is calculated by applying a multiplier over the total direct cost. This multiplier is based upon analysis of cost indirect.
General Contractor Profit

This estimate considered a fee over 9% by the general contractors the construction. Escalation Rate The cost estimate not considered any charge. Estimate Classification This cost estimate is considered a Level or Class 1. It is considered accurate to +/10%. Cost Resources The following is a list of the various cost resources used in the development of the cost estimate. Quotation Price List Equipment Quotation Concrete, Tile ceramic Labor unit prices reflect a rate, including: workers taxes, security social, benefits. Historical data to the cost indirect analysis.

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BASIS OF ESTIMATE

Estimate Methodology This cost estimate is considered a Class 1 Estimate. We utilized recent estimates to build a template with detailed cost items and breakdown of Labor, Materials and Equipment. Labor Costs The estimate has been considerate to local area labor rates. Sales Tax This cost estimate not includes the VAT tax. Allowance Costs The cost estimate not includes any allowances. Major Assumptions The estimate is based on the project being done on a competitive bid basis; all contractors are equal, with a reasonable project schedule, no overtime, constructed as under a unit prices contract. If the project is bid with a limited number of bidders affecting the competitive process the result could increase the estimated project cost. This estimate should be evaluated for market changes after 90 days of the issue date. Contingency Any Factor was utilized for design contingency, because this part will be considered by customer give an analysis for this concept. Excluded Costs Dont are including any costs by Engineering, Construction Management and Procurement. Costs by Commissioning and Start Up. Reference Documents The documents base to do the cost estimate was the catalogue concepts of the Engineering. The quotations Equipments were obtained by Procurement Team. Escalation The cost estimate not includes any amount.

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