College of Engineering and Technology - Heliopolis Branch

Construction & Building Engineering Department

CB415 – Quantity Surveying, Cost Estimating, and Specifications
Dr. Mohamed Refaat, Eng. Amr Mahmoud

Sheet 7

Develop a bid, showing the following, site overhead 12% and Markup 16%.
a) Direct Cost per item and for the project
b) Construction Cost per unit, per item and for the project
c) Tender Price per unit, per item and for the project
d) Unbalanced bid

Item. No Unit Quantity Direct Cost/unit

1 M3 40,000 25
2 M3 150,000 3
3 M3 300,000 2
4 M3 70,000 17
5 M 3
30,000 33
6 L.S Job 500,000
7 L.S Job 60,000

Page 1
 College of Engineering and Technology - Heliopolis Branch
Construction & Building Engineering Department
CB415 – Quantity Surveying, Cost Estimating, and Specifications
Dr. Mohamed Refaat, Eng. Amr Mahmoud

Question 2
Cost information from eight previously completed parking garage projects are given in table ( Q.1A )
. Time & location indices are given in tables ( Q.1B ) & ( Q.1C ) respectively. All the projects given
in table ( Q.1A ) were completed 2 years ago in city ( A ). A proposed similar type project, for 155
cars, is to be constructed in the current year in city ( C ). Estimate the total cost of this proposed
project.
Table ( Q.1A ) "Cost information for parking garages"

Projec Total Cost No. of cars

t ( L.E.) ( cars / garage )
1 1,487,500 150
2 897,000 80
3 1,798,000 120
4 1,147,000 90
5 590,400 60
6 1,933,000 220
7 869,000 70
8 1,635,000 180

Table ( Q.1B ) "Time Indices" Table ( Q.1C ) "Location Indices"

Location Index
City A 1025
City B 1150
City C 1260
City D 1350

Year Index
3 years ago 358
2 years ago 366
1 year ago 367
Current year 386

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Question 3

Table ( Q.2 ) shows the 10 cost elements of an estimate for a construction project together
with the estimated construction cost for each element. It also shows the maximum cost, &
the percentage probability that this maximum cost would occur for each element.

a) Use the expected net risk analysis method to determine the amount of contingency
that should be added to the total cost estimate.
b) Calculate the percentage that should be added to the total cost estimate to cover
for contingency.
c) If contingency will be distributed uniformly, calculate the final cost estimate for
each cost element & the final total cost estimate for the project.

Table ( Q.2 )
Cost Estimated
Max. Cost
Elemen Construction Cost Percent Probability (%)
(L.E.)
t No. (L.E.)
1 40,000 50,000 15%
2 8,000 12,000 20%
3 10,000 20,000 10%
4 8,000 11,000 20%
5 7,000 9,000 10%
6 20,000 24,000 15%
7 5,000 7,000 12%
8 12,000 13,000 10%
9 15,000 18,000 12%
10 10,000 12,000 10%