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Estimation and Valuation Chapter-2 Types of Estimate
Estimation and Valuation Chapter-2 Types of Estimate
1) Plinth area:
Plinth area is the built up covered area of a building measured at floor level of any
storey. It is calculated by taking external dimensions of building at floor level
excluding the plinth offsets. The area of court yard, open area, balconies and
cantilever projection etc. shouldn't include in it.
Total area of floor in between walls i.e. Area of floor of all rooms, verandas, corridors,
entrance halls, staircase, kitchen, stores, toilet / bathroom etc is called floor area.
3) Circulation Area:
The floor area of verandas, corridors, entrance halls, staircase, room, balconies, lifts is
known as circulation area because such area is used for the movement of persons.
4) Carpet area:
The live able area of a building is called carpet area. It is the total floor area minus the
circulation area and minus the other unusable area such as of bathrooms, water
closets, air conditioning rooms etc. It should also exclude the kitchen, pantry, stores
and similar other rooms which are not used for living purpose in residential building.
This estimate is prepared from the practical knowledge and cost of similar works.
Such as estimate is framed by the use of any one of the following methods.
i) Unit rate method
ii) Plinth area estimate
iii) Cubic rate estimate
The plinth area is the built up area of external dimensions of a building. In other
words,
Plinth area = Carpet area + Circulation area + kitchen/Toilet etc + wall area
Q.1. Prepare a plinth area estimate of a building from the following data.
Carpet area = 250 sq. m.
Circulation area = 30% of plinth area
Walls = 10% of plinth area
Plinth area rate = Rs. 6000/m2
Solution:
Let us consider plinth area of building = PA
Hence,
Plinth area = Carpet area + Circulation area + walls
PA = 250 +
PA = 416.67
cost of building = PA x plinth area rate
= 416.67 x 6000
= Rs. 25,000020 Ans.
Q. 2 Prepare a preliminary estimate of a poly technique building for student no. 800 in
order to assess the amount for building, based on the following particulars.
a) Carpet area required per student = 1.2 sq. m.
b) Area of corridors, verandah etc = 20% of plinth area
c) Area of wall = 15% of plinth area
d) Plinth area rate = Rs 3500 per sq. m.
e) Cost of water supply work = 5% of building cost
f) Cost of sanitary = 7% of Building cost
g) Cost of electrification = 12% of building cost
h) Cost of approach road and boundary wall = 3% of building cost.
i) Contingencies and work charged establishment shall be 5% and 2.5% of the
total cost respectively.
Solution:
Let, plinth area be PA
Plinth area = carpet area + area of corridors, verandas + area of wall
PA = 1.2 x 800 +
PA = 1476.92m2
Building cost = 1476.92 x 3500 = 5169220
A percentage 5 to 10% of the estimated cost for unforeseen work (contingencies) and
for the provision of work – charged establishment 2-5% of estimated cost should be
added then calculated the grand total estimate cost for any project. The rates include
the cost of labor, materials and equipments, overhead charges, taxes, profit etc.
The detailed estimate is accompanied with,
- Report – General Specification
- Detailed Specification – Drawings
- Calculation and Designs – Analysis of rate
Factors to be consider for preparation of detailed estimate.
1. Quantity of material.
2. Availability of material.
3. Transportation of material.
4. Location of site.
5. Availability of labor.
3.3 Revised Estimate:
Revised estimate is also a detailed estimate and is prepared when,
1. The original sanctioned estimate is exceeds or likely to exceed by more than
5%.
2. The expenditure on a work exceeds or likely to exceed the amount of
administrative sanction by more than 10%.
3. There is material rate deviation from the original proposal, even though the
cost may be same.
The revised estimate should be accompanied by all the papers in case of detailed
estimate and also should include the comparative statement, showing the variation
in each item of works, its quantity, rate and cost of original and revised, excess or
saving and giving the reason of excess and saving in case of each item.
3.4 Supplementary estimate:
It is a detailed estimate and is prepared when additional work are required to
supplement the original works or when further development is required during the
progress of work. This is a fresh detail estimate of the additional works in addition
to the original estimate. The abstract should show the amount of the original
estimate and the total amount including the supplementary amount for which
sanction is required.
At the end of the abstract of estimated cost or summary of estimated cost there
should be signature of assistant engineer, executive engineer and superintending
engineer and on the back page head of account should be given.