QUATATION

S/N DESCRIPTION UNIT COST QTY AMOUNT (NRN)

1 DIRECT MATERIAL COST

4000mm LONG X 300mm WIDE X 50mm THICK HARDWOOD

TIMBER
1.1 20,000 162 3,240,000.00
1.2 25mm THICK NEOPRENE SHEET ( 2m X 1.2m) 86,250 12 1,035,000.00

DIRECT COST 4,275,000.00

2 TESTING & INSPECTION 5% 213,750.00

ESTIMATING ALLOWANCES COST 213,750.00

TOTAL DIRECT COST 4,488,750.00

3 INCIDENTAL CHARGES
3.1 SEA FREIGHT @ 5% 5% 213,750.00
3.2 CD+SURCHARGE @ 7.38% 7% 315,495.00
3.3 NPA, CLEARANCE @ 2% 2% 85,500.00
3.4 INLAND TRANSPORTATION @ 1% 1% 42,750.00
3.5 WATER WAY TRANSPORTATION 2% 85,500.00
3.6 CERTIFICATION AND INSURANCE @ 1% 1% 42,750.00

TOTAL IN-DIRECT COST 785,745.00

10% CONTINGENCY (scope change and change order)

4
10% 448,875.00

TOTAL COST 5,723,370.00

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