Methods of finding out cost estimate of construction work

Item Units Total rate of Total Total cost of

items quantity of items
items
item(1) (f) (k) (f) x (k)
item(2) (g) (L) (g) x (L)
item(3) (h) (m) (h) x (m)
etc

Total = (zc) = f x k +g x I + h x m +…..)

Work chart staff cost - by 2.5 percentage of (zc) = 0.025(p)
Other small cost - by 2.5 percentage of (zc) = 0.025(p)
Total cost estimate figure = 1.05 x (p)

Methods of finding out total rate of items:-

Labors cost - (a)
Construction material cost - (b)
Rent of mechanical equipment (c)
(Including oily matters)
Actual rate (a+b+c) = (d)
Material’s Contingency (15 percentage of (d)) - 0.15 x (e)
Total rate (e) = 1.15 x (d)

Note: - After the cost estimate has already been prepared as stated above, cost estimate shall be
fixed by adding 10 Percent of Price contingency, according to necessity, to the total cost