Cost estimations forecast the resources and associated costs needed to execute in this project,

which helps us to achieve project objectives within the approved timeline and budget. In
providing an accurate estimation for the total project cost, we choose the best and appropriate
construction methods according to the given construction time frame and situation of the site
area. By understanding the flow of work we choose the materials by its quality and price
comparing to others. To save for the cost of buying equipment, we will use the equipment
owned by the company in project work. For the locale Filipino Engineers, foremen, tech-
skilled and unskilled workers for this project will be hired locally to give gainful employment
to domestic citizens. The computation for the total cost for the bill of quantity of this project
is composed of direct cost, indirect cost, tax and profit of the company for the segment 2 and
3A2. See below the summary of computation for BOQ.