Scribd Logo
Upload

Welcome to Scribd!

  • Professional Fees Calculation

    Uploaded by

    Kris Kachi Nwanebu
    25 views1 page
    This document provides a fee computation for various consultants - architect, civil engineer, electrical engineer, mechanical engineer, quantity surveyor, and project manager - based on the approved scale of professional fees from the Federal Ministry of Works in Nigeria. It outlines the estimated project cost, fee percentages for each consultant at different project cost stages, payment stages, reimbursable expenses, VAT, and a breakdown of the project into repetitive and non-repetitive works including housing units and substructures. The total estimated project cost is 44,165,882 Naira.

    Original Description:

    Nigeria Professional fees calculation

    Original Title

    Professional fees calculation

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document provides a fee computation for various consultants - architect, civil engineer, electrical engineer, mechanical engineer, quantity surveyor, and project manager - based on the approved scale of professional fees from the Federal Ministry of Works in Nigeria. It outlines the estimated project cost, fee percentages for each consultant at different project cost stages, payment stages, reimbursable expenses, VAT, and a breakdown of the project into repetitive and non-repetitive works including housing units and substructures. The total estimated project cost is 44,165,882 Naira.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    25 views1 page

    Professional Fees Calculation

    Uploaded by

    Kris Kachi Nwanebu
    This document provides a fee computation for various consultants - architect, civil engineer, electrical engineer, mechanical engineer, quantity surveyor, and project manager - based on the approved scale of professional fees from the Federal Ministry of Works in Nigeria. It outlines the estimated project cost, fee percentages for each consultant at different project cost stages, payment stages, reimbursable expenses, VAT, and a breakdown of the project into repetitive and non-repetitive works including housing units and substructures. The total estimated project cost is 44,165,882 Naira.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    Fee Computation for All Consultants Based on the Federal Ministry of Works Approved Scale of Professional Fees

    ESTIMATED PROJECT COST: =N= 44,165,882.00


    Architect Civil Engineer Electrical Engineer Mechanical Engineer Quantity Surveyor Project Manager All Consultants
    Cost Stage Stage % Amount Stage % Amount Stage % Amount Stage % Amount Stage % Amount Stage % Amount Amount
    =N= =N= =N= =N= =N= =N= =N=
    5,000,000.00 4.75% 237,500.00 3.00% 150,000.00 1.95% 97,500.00 1.95% 97,500.00 2.75% 137,500.00 1.00% 50,000.00 770,000.00
    10,000,000.00 4.50% 450,000.00 2.50% 250,000.00 1.75% 175,000.00 1.75% 175,000.00 2.50% 250,000.00 0.90% 90,000.00 1,390,000.00
    15,000,000.00 4.25% 637,500.00 2.25% 337,500.00 1.55% 232,500.00 1.55% 232,500.00 2.30% 345,000.00 0.80% 120,000.00 1,905,000.00
    14,165,882.00 4.00% 566,635.28 2.00% 283,317.64 1.35% 191,239.41 1.35% 191,239.41 2.00% 283,317.64 0.70% 99,161.17 1,614,910.55
    3.50% - 1.75% - 1.15% - 1.15% - 1.85% - 0.60% - -
    3.00% - 1.50% - 1.00% - 1.00% - 1.40% - 0.50% - -
    2.50% - 1.25% - 0.85% - 0.85% - 1.00% - 0.40% - -
    1.75% - 1.00% - 0.65% - 0.65% - 0.80% - 0.30% - -

    =N= 1,891,635.28 1,020,817.64 696,239.41 696,239.41 1,015,817.64 359,161.17 5,679,910.55

    Stages of Payment
    1 25% 472,908.82 255,204.41 174,059.85 174,059.85 253,954.41 89,790.29 1,419,977.64
    2 50.00% 945,817.64 510,408.82 348,119.70 348,119.70 507,908.82 179,580.59 2,839,955.27
    3 25.00% 472,908.82 255,204.41 174,059.85 174,059.85 253,954.41 89,790.29 1,419,977.64

    1,891,635.28 1,020,817.64 696,239.41 696,239.41 1,015,817.64 359,161.17 5,679,910.55


    Reimbursible Expenses (1% of EPC)
    441,658.82 40% 176,663.53 10% 44,165.88 10% 44,165.88 10% 44,165.88 25% 110,414.71 5% 22,082.94 441,658.82

    2,068,298.81 1,064,983.52 740,405.29 740,405.29 1,126,232.35 381,244.12 6,121,569.37

    VAT @ 5% 5.00% 103,414.94 5.00% 53,249.18 5.00% 37,020.26 5.00% 37,020.26 5.00% 56,311.62 5.00% 19,062.21 306,078.47

    2,171,713.75 1,118,232.70 777,425.55 777,425.55 1,182,543.96 400,306.32 6,427,647.84

    REPETITIVE WORKS 2-BEDROOM FLATS REPETITIVE WORKS 1-BEDROOM FLATS


    Amount No. Total Amount No. Total
    Initial project 100% 12,889,480.00 1 12,889,480.00 Initial project 100% 9,377,720.00 1 9,377,720.00
    First 10 repetitive 30% 9,067,090.00 2 5,440,254.00 First 10 repetitive 30% 7,101,280.00 2 4,260,768.00
    Next 10 repetitive 20% Next 10 repetitive 20%
    Next 10 repetitive 15% Next 10 repetitive 15%
    Next 10 repetitive 12.50% Next 10 repetitive 12.50%
    Next 10 repetitive 10% Next 10 repetitive 10%
    Next 10 repetitive 7.50% Next 10 repetitive 7.50%
    Next 10 repetitive 5% Next 10 repetitive 5%
    Substructure 100% 3,822,390.00 2 7,644,780.00 Substructure 100% 2,276,440.00 2 4,552,880.00
    25,974,514.00 18,191,368.00 TOTAL 44,165,882.00

    Note that repetitive deductions shall not apply to single buildings, all substructures and post contract services of the project

    You might also like