CIVL4230 In-Class Exercise 4: Solutions for Reference

A.

Using the following information given, please estimate the cost of completing
10,000,000 SFCA of line item 3.1-25-650.

CrewNo.
CrewC1
3Carpenters
1Labor
PowerTools
32ManhourDailyTotal

BareCosts
IncludeSubcontractOverheadandProfit
Hourly
Daily
Hourly
Daily
$25.20 $604.80
$40.25
$966.00
$19.80 $158.40
$31.60
$252.80

$35.00

$38.50
$798.20
$1,257.30

The material cost is $2.6/SFCA with a 10% loss factor.

Solutions:
1. Line Item Determination:
Major UCI Subdivision = 3.1
Major Classification within Subdivision = 25
Line Item Number = 650
Complete Line Item Number = 3.1-25-650
2. Calculation of Unit Bare Costs:
Unit material cost = $2.6/SFCA
Unit installation cost = Crew Daily Bare Cost/Daily Output
= ($798.20/day)/(190SFCA/day) = $4.2/SFCA
Total unit bare cost = $2.6/SFCA + $4.2/SFCA = $6.8/SFCA
3. Total Unit Costs Including Overhead and Profit (O&P)
The overhead and profit (O&P) charges associated with labor include:
(1) Fringe benefits
(2) Workmens compensation
(3) Average fixed overhead
(4) Subcontractor overhead
(5) Subcontractor profit

CIVL4230 In-Class Exercise 4: Solutions for Reference

Unit material cost = $2.6/SFCA + $2.6/SFCA 10% = $2.86/SFCA
Unit installation cost = Crew Daily Cost (Including O&P)/Daily Output
= ($1257.30/day)/(190SFCA/day) = $6.62/SFCA
Total unit cost (including O&P) = $2.86/SFCA + $6.62/SFCA = $9.48/SFCA
4. Total Cost of Completing 10,000,000 SFCA
= 10,000,000 SFCA $9.48/SFCA = $94,800,000.

B.

In studying the above project, the contractor makes the following evaluations of the
production elements involved:
No.
1
2
3
4
5
6
7
8

Production Element
Present economy
Amount of work
Labor
Supervision
Job conditions
Weather
Methods and equipment
Delays

Efficiency (%)
75
80
60
70
90
85
55
65

What would be the expected total cost of completing 10,000,000 SFCA of line item 3.125-650?
Solutions:
Average Efficiency = (75% + 80% + 60% + 70% + 90%+ 85% +55% +65%)/8
= 72.5%
Expected total cost = $94,800,000/72.5% = $130,758,621