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  • Main Bowl-Fees

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    Abdulyekini Ahmadu
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    The document contains details of fees payable for electrical and mechanical services for the renovation and remodeling of an indoor sport hall with a project cost of 1,784,475,000 NGN. Fees are calculated as a percentage of the project cost in different brackets and total 13,523,587.50 NGN plus a 10% reimbursable amount. The grand total including 5% VAT is 14,875,946.25 NGN to be paid in three stages. Man-month rates for staff categories range from 16,500 NGN to 92,400 NGN depending on experience and role.

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    MAIN BOWL-FEES - Copy.xlsx

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    The document contains details of fees payable for electrical and mechanical services for the renovation and remodeling of an indoor sport hall with a project cost of 1,784,475,000 NGN. Fees are calculated as a percentage of the project cost in different brackets and total 13,523,587.50 NGN plus a 10% reimbursable amount. The grand total including 5% VAT is 14,875,946.25 NGN to be paid in three stages. Man-month rates for staff categories range from 16,500 NGN to 92,400 NGN depending on experience and role.

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    © All Rights Reserved
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    6 views7 pages

    Main Bowl-Fees

    Uploaded by

    Abdulyekini Ahmadu
    The document contains details of fees payable for electrical and mechanical services for the renovation and remodeling of an indoor sport hall with a project cost of 1,784,475,000 NGN. Fees are calculated as a percentage of the project cost in different brackets and total 13,523,587.50 NGN plus a 10% reimbursable amount. The grand total including 5% VAT is 14,875,946.25 NGN to be paid in three stages. Man-month rates for staff categories range from 16,500 NGN to 92,400 NGN depending on experience and role.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 7

    ANNEXTURE-I[FEES FOR ELECTRICAL SERVICES]

    RENOVATION AND REMODELING OF INDOOR SPORT HALL


    (ETC)= 1,784,475,000.00NGN

    PROJECT COST[N:K] FEES PAYABLE[%] COST[N:K]

    UP TO 5M 1.95 5,000,000.00

    UP TO 10M OR PART THEREOF 1.75 10,000,000.00

    UP TO 15M OR PART THEREOF 1.55 15,000,000.00

    UP TO 45M OR PART THEREOF 1.35 45,000,000.00

    UP TO 75M OR PART THEREOF 1.15 75,000,000.00

    UP TO 150M OR PART THEREOF 1 150,000,000.00

    UP TO 200M OR PART THEREOF 0.85 200,000,000.00

    BALANCE OF N1,284,475,000.00 0.65 1,284,475,000.00

    SUB TOTAL

    REIMBURSABLE 10% 13,523,587.50

    TOTAL

    VAT[5%]

    GRAND TOTAL

    STAGES PAYMENT

    STAGE -1 25% 15,619,743.56

    STAGE-2 50% 15,619,743.56

    STAGE-3 25% 15,619,743.56

    PRE-CONTRACT FEES

    POST CONTRACT FEE


    AMOUNT PAYABLE[N:K]

    97,500.00

    175,000.00

    232,000.00

    607,500.00

    862,500.00

    1,500,000.00

    1,700,000.00

    8,349,087.50

    13,523,587.50

    1,352,358.75

    14,875,946.25

    743,797.31

    15,619,743.56

    3,904,935.89

    7,809,871.78

    3,904,935.89

    11,714,807.67

    3,904,935.89
    ANNEXTURE-III[MAN-MONTH RATE]
    RENOVATION AND REMODELING OF INDOOR SPORT HALL

    CATEGORY OF STAFF MIN.YEARS OF EXPERIENCE MAN-MONTH RATE[N:K]

    CHIEF RESIDENT ENGINEER 15 92,400.00

    PRINCIPAL RESIDENT ENGINEER 12 78,000.00

    SENIOR RESIDENT ENGINEER 8 56,100.00

    RESIDENT ENGINEER 4 46,200.00

    ASSISTANT RESIDENT ENGINEER UNDER 4 33,000.00

    SENIOR TECHNICAL OFFICER UNDER 4 52,800.00

    TECHNICAL OFFICER UNDER 4 33,000.00

    ASSISTANT TECHNICAL OFFICER UNDER 4 23,100.00

    DRAUGHTSMAN UNDER 4 16,500.00

    *RATE CAN BE REVIEWED UPWARD IN LINE WITH LATEST DEVELOPMENT


    ANNEXTURE-II[FEES FOR MECHANICAL SERVICES]
    RENOVATION AND REMODELING OF INDOOR SPORT HALL
    (ETC)= 1,784,475,000.00NGN

    PROJECT COST[N:K] FEES PAYABLE[%] COST[N:K]


    1.95 5,000,000.00

    1.75 10,000,000.00

    UP TO 15M OR PART THEREOF 1.55 15,000,000.00

    UP TO 45M OR PART THEREOF 1.35 45,000,000.00

    UP TO 75M OR PART THEREOF 1.15 75,000,000.00

    UP TO 150M OR PART THEREOF 1 150,000,000.00

    UP TO 200M OR PART THEREOF 0.85 200,000,000.00

    BALANCE OF N1,284,475,000.00 0.65 1,284,475,000.00

    SUB TOTAL

    REIMBURSABLE 10% 13,523,587.50

    TOTAL

    VAT[5%]

    GRAND TOTAL

    STAGES PAYMENT

    STAGE -1 25% 15,619,743.56

    STAGE-2 50% 15,619,743.56

    STAGE-3 25% 15,619,743.56

    PRE-CONTRACT FEES

    POST CONTRACT FEE


    AMOUNT PAYABLE[N:K]
    97,500.00

    175,000.00

    232,000.00

    607,500.00

    862,500.00

    1,500,000.00

    1,700,000.00

    8,349,087.50

    13,523,587.50

    1,352,358.75

    14,875,946.25

    743,797.31

    15,619,743.56

    3,904,935.89

    7,809,871.78

    3,904,935.89

    11,714,807.67

    3,904,935.89

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