18SQM. RESIDENTIAL BUILDING 2

PROJECT TITLE: 18SQM. SAMPLE RESIDENTIAL BUILDING
LOCATION : YOUR PLACE
OWNER : YOUR NAME
SUBJECT : SAMPLE ESTIMATED CONTRACT COST FOR CIVIL WORKS ONLY

DETAILED COST ESTIMATE (see more)

BILL OF QUANTITIES

.

I

II

III

IV

V

.

TOTAL

MATERIALS

LABOR

.

EARTH WORKS

TERMITE CONTROL

PLAIN AND REINFORCED CONCRETE

CONCRETE MASONRY

MASONRY

SUB-TOTAL

%WT

14.93%

2.57%

58.41%

15.62%

8.47%

.

100.00%

.

.

MATERIAL

Php 19,980.00

Php 5,634.00

Php 128,054.04

Php 34,253.13

Php 18,566.00

Php 206,487.17

.

Php 206,487.17

.

LABOR

Php 22,582.80

Php 1,690.20

Php 38,416.21

Php 10,275.94

Php 5,569.80

Php 78,534.95

.

.

Php 78,534.95

RECAPITULATION

I DIRECT COST ( DC )
A. MATERIAL COST – Php 206,487.17
B .LABOR COST – Php 78,534.95
TOTAL DIRECT COST ( TDC ) – Php 285,022.12

II INDIRECT COST ( IC )
D. OVERHEAD, CONTINGENCIES and MISCELLANEOUS EXPENSES – Php 11,400.88
E. CONTRACTOR’S PROFIT – Php 36,266.74
F. MOBILAZATION / DEMOBILIZATION – Php 7,771.44

INDIRECT COST (IC) – Php 55,439.06
VAT 12% of TDC + IC) – Php 40,855.34
TOTAL INDIRECT COST ( TIC ) – Php 96,294.41

III. TOTAL BID PRICE – Php 381,316.53

Summary

Material unit cost may differ depending on the places in the Philippines. That’s why it is advisable to ask a quotation before buying supplies. Buck orders can have discounts. Finding the reliable supplier is the best choice. (Material Cost per square meter may vary from 10k to 20k Pesos) “At this point in time, I’m writing“.

Labor unit cost used is 30% of the materials unit cost. Cost of manpower may vary depending on location, area in Philippines, usually provincial rate and city are different. Around 350 to 600 pesos labor cost on province and 600 to 1000 pesos on cities. Skilled manpower rates are different. (Labor Cost per square meter may vary from 2k to 6k Pesos) “At this point in time, I’m writing“.

If plans, properly set on how to start the project lot of money can be save. For example on labor you can run down the cost to 10% to 20% if you have the proper experience and knowledge on the actual operation.

This an example documents for reference and educational purposes only.

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