GOGAS Gulf Oil & GAS LLC provided a commitment sheet for a client that included a budget breakdown of estimated expenses. The budget listed 13 categories of expenses including manpower, food and travel, site requirements, equipment hire, materials, and subcontracting. The largest material expense was for piping at USD 200,272. The commitment sheet also estimated the project's total budget, revenue, gross margin, overhead expenses, and anticipated net cash gain.
GOGAS Gulf Oil & GAS LLC provided a commitment sheet for a client that included a budget breakdown of estimated expenses. The budget listed 13 categories of expenses including manpower, food and travel, site requirements, equipment hire, materials, and subcontracting. The largest material expense was for piping at USD 200,272. The commitment sheet also estimated the project's total budget, revenue, gross margin, overhead expenses, and anticipated net cash gain.
GOGAS Gulf Oil & GAS LLC provided a commitment sheet for a client that included a budget breakdown of estimated expenses. The budget listed 13 categories of expenses including manpower, food and travel, site requirements, equipment hire, materials, and subcontracting. The largest material expense was for piping at USD 200,272. The commitment sheet also estimated the project's total budget, revenue, gross margin, overhead expenses, and anticipated net cash gain.
Revenue Variation Total Expenses 1 MANPOWER a MANPOWER- IN HOUSE b MANPOWER- OUTSOURCE 2 FOOD, ACCOM & AIRTRAVEL 3 SITE REQUIREMENTS a MEDICAL b SECURITY PASS c TRAINING 4 SITE ESTABLISHMENT 5 CONSUMABLES 6 EQUIPMENTS- OWN MAINT & REPAIRS 7 HIRE a EQUIPMENTS b TRANSPORTATION c MACHINES 8 MATERIALS a PIPING USD 200,272 b STEEL c CUSTOMIZED MATERIAL d E&1 MATERIAL 9 SUB CONTRACT: DESIGN & ENGINEERING a DETAILED/RESIDUAL b STUDIES c SITE SURVEY 10 SUB CONTRACT: a CIVIL b BLASTING & PAINTING c SCAFFODLING d E&I e TPI / NDT f SPECIALIZED SUBCON 11 TOOLS & TACKELS 12 BANK CHARGES & INSURANCE 13 WASTE MANAGEMENT 14 CONTINGENCY * GRAND TOTAL Gross Margin ( A - B ) Less O/Head Expenses (12% of the Revenue) Net Cash Gain