NETCO NEW OFFICE COST ANALYSIS

Rent for 3yrs

Agency Fee (10% of Rent)
Solicitors' Fee( 5% of Rent)
Service Charge(15 % of Total Rent)
Lettable Space
25% for Corridors/Gangways
Office Space
Total
Amount per year
Amount/Sq metre(Naira)
Amount/Sq metre(Dollars) @142Naira per USDollar

4,099.00
1,024.75
3,074.25

EW OFFICE COST ANALYSIS

326,534,538.00
31,247,324.00
15,623,662.00
373,405,524.00
124,468,508.00
40,487.44
285.12

Rent

11.1

m2

Rate
40,487.00

Cost
451,349.08

Multiplier
1.00

Actual Cost
451,349.08

Service
Charges @
15%

11.1

m2

6,073.05

67,702.36

1.00

67,702.36

4
5
6
7
8
9

Partitioning

283,791.66

1.00

NEPA
Cleaning
Security
Tables
Swivel Chair

11.1
11.1
11.1
1
1

750.00
200.00
200.00
50,000.00
50,000.00

283,791.66
8,361.00
2,229.60
2,229.60
50,000.00
50,000.00

1.00
1.00
1.00
0.33
0.50

283,791.66
8,361.00
2,229.60
2,229.60
16,500.00
25,000.00

10
11
12
13
14
15
16
17

Visitors Chairs
Computer
Dust Bin
Internet
UPS
Book Shelve
Cabinets
Telephone

2
1
1
1
1
1
0
1

36,000.00
270,000.00
1,500.00
100,108.00
50,000.00
30,000.00
40,000.00
25,000.00

72,000.00
270,000.00
1,500.00
100,108.00
50,000.00
30,000.00
0.00
25,000.00

0.50
0.33
0.33
1.00
0.33
0.33
0.33
1.00

36,000.00
89,100.00
495.00
100,108.00
16,500.00
9,900.00
0.00
25,000.00

18

PBX Console
Box

60,000.00

0.00
Total Naira

1.00

0.00
1,134,266.30

m
m2
m2
2

Total US $

8,401.97

Total/Month $

933.55
42.43

Parking Space

40,000

Equipment
Requirement
1

Unit Rates
Naira
US$

Copier
Panasonic /
Gestetner DSM
627

400.75

14,427.00

Telecopier
Panasonic /
Gestetner DSM
415

20.83

750.00

3,333
25

Document
Shredder
Panasonic KX700

8.33

200.00

654.66
130.93
147.30