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DCQ40182 – PROFESSIONAL PRACTICE 2

TOPIC 2: PRELIMINARIES WORK

QUESTION:

1. Show a calculation for the recurring cost for interim payment no 8


according to the following preliminaries details by using pro-rate on
value work done and pro-rate contract period.

Item Description Contract price Initial cost Progressive Completion


cost cost
A Preliminaries RM1,373,700.00 RM650,250.00 RM450,000.00 RM55,200.00
work

Additional information:

1. Contract sum : RM 33,233,023.00


2. Contract period : 3 years
3. Prime cost sum : RM 1,377,975.00
4. Provisional sum : RM 888,800.00
5. Nett value work done : RM 8,050,850.00
(Payment no. 8)

SAM@2022

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