EL 

SEIF ENGINEERING  OVERALL COMMERCIAL SUMMARY      REPORTING MONTH     : Jun‐23

CONTRACTING CO  Project : P172 SATELLITE LANDINGSTRIP, MAJMAH BU : SP REGION :  Riyadh

Original Contract Start Date  : 16 January 2022

Original Contract Completion Date : 15 May 2023

Revised Contract Completion Date : 15 August 2023

                   2,686,556 Anticipated Completion Date : 15 November 2023

 Approved  Variance to 
Total Approved  Unapproved  Estimate to Complete  Estimate @  Last Reported EAC  As 
S.NO Original Budget (Addition /  Current Budget Earned To‐date Actual To‐date CPI To Date CPI @ Completion Previous Report 
Description Budget  Budget  (ETC)  Completion (EAC)  Of May /2023
Omission)  EAC
A  B  C=A+B D E =C+D F G H = F/G I J = ( G+ I) K=E/J L M = L‐J
A Revenue 
       Approved           189,650,000                           ‐           189,650,000                      ‐           189,650,000               96,721,500                 96,721,500                    92,928,500                189,650,000 1 189,650,000                                   ‐
      UnBilled / Uncertified Revenue                            ‐                           ‐
Total Revenue            189,650,000                           ‐           189,650,000                      ‐           189,650,000                 96,721,500                189,650,000                   189,650,000

B Indirect Cost
Labor                     8,720,473                                ‐                     8,720,473                     8,720,473                      6,698,739                       12,942,513                        0.52                            4,137,563                         17,080,076                                   0.51 17,080,076                                 0.00
Material                     2,987,293                                ‐                     2,987,293                     2,987,293                      2,068,932                         3,669,205                        0.56                                520,964                           4,190,169                                   0.71 4,190,169                                 0.00
Subcontracts                     4,280,000                                ‐                     4,280,000                     4,280,000                      4,274,250                         4,045,195                        1.06                                371,474                           4,416,669                                   0.97 4,416,669                                   ‐
Others                   19,526,178                                ‐                   19,526,178                   19,526,178                      6,001,890                         8,057,464                        0.74                            2,736,161                         10,793,624                                   1.81 14,564,257                 3,770,633.06
Equipment                     3,385,795                                ‐                     3,385,795                     3,385,795                      3,047,216                         5,891,987                        0.52                            3,715,068                           9,607,054                                   0.35 5,836,421               (3,770,633.06)
Total Indirect             38,899,739                           ‐             38,899,739                      ‐             38,899,739               22,091,027                 34,606,363                    0.64                    11,481,229                  46,087,593                             0.84                     46,087,593                             ‐
C Direct Cost
Labor                    8,046,374                                ‐                    8,046,374                    8,046,374                      4,730,954                       17,308,505                        0.27                            3,604,643                         20,913,148                                   0.38 17,374,436               (3,538,711.95)
Material                  47,425,842                                ‐                  47,425,842                  47,425,842                    11,602,792                         6,518,867                        1.78                          37,947,504                         44,466,370                                   1.07 44,466,370                               (0.00)
Subcontracts                   71,503,208                                ‐                  71,503,208                  71,503,208                    19,620,125                       12,583,940                        1.56                          46,325,410                         58,909,350                                   1.21 62,448,062                 3,538,711.95
Total Direct           126,975,424                           ‐           126,975,424                      ‐           126,975,424               35,953,871                 36,411,312                    0.99                    87,877,556                124,288,868                             1.02             124,288,868.31                          (0.00)
D Other/Contingecies                    2,339,740                    2,339,740                    2,339,740                                  ‐                                     ‐                          ‐                           2,339,740                          2,339,740 1.00 2,339,740 2,339,740

E Total Cost
Labor                  16,766,847                                ‐                  16,766,847                  16,766,847                    11,429,692                       30,251,018                        0.79                            7,742,205                         37,993,224                                   0.44 34,454,512               (3,538,711.95)
Material                  50,413,135                                ‐                  50,413,135                  50,413,135                    13,671,725                       10,188,072                        2.34                         38,468,468                         48,656,540                                   1.04 48,656,540                               (0.00)
Subcontracts                  75,783,208                                ‐                  75,783,208                  75,783,208                    23,894,375                       16,629,135                        2.62                         46,696,884                         63,326,019                                   1.20 66,864,731                 3,538,711.95
Others                  19,526,178                                ‐                  19,526,178                  19,526,178                      6,001,890                         8,057,464                        0.74                            2,736,161                         10,793,624                                   1.81 14,564,257                 3,770,633.06
Equipment                    3,385,795                                ‐                    3,385,795                    3,385,795                      3,047,216                         5,891,987                        0.52                            3,715,068                           9,607,054                                   0.35 5,836,421               (3,770,633.06)
Contingency                    2,339,740                                ‐                    2,339,740                    2,339,740                                   ‐                                      ‐                          ‐                            2,339,740                           2,339,740                                   1.00 2,339,740                                   ‐
Total Cost           168,214,904                           ‐           168,214,904                      ‐           168,214,904               58,044,898                 71,017,675                    0.82                 101,698,526                172,716,202 0.97 172,716,202                          (0.00)
F Margin (SR) 21,435,096 21,435,096 21,435,096 25,703,825 16,933,798 16,933,798
G Margin% 11.30% 11.30% 11.30% 26.58% 8.93% 8.93%
H Risks (SR) 
I Opportunity (SR) 
J Margin after Risks & Opportunity (SR) 21,435,096.1 0.0 21,435,096 0 21,435,096 0 25,703,825 0 0 16,933,798 0 16,933,798
K Margin  % after Risks & Opportunity 11.30% 11.30% 11.30% 26.58% 8.93% 8.93%
Note:
Revenue amount is calculated based on the Approved/Submitted billing amount

Legend :
        Variance to Last Month EAC
               ‐ Ve  :  Increase in Cost 
              + Ve   : Decrease in Cost