Professional Documents
Culture Documents
Estimate
Estimate
Estimate
3 Types of Estimate:-
1 preliminary estimate:
● Prepared on the basis of cost of similar works.
● Detailed drawing is not necessary for rough estimate.
6 Supplementary estimate:
● Its freshed a detailed estimate.
● Pepared on additional work is required.
● Contingencies Charges:
→ Contingencies limited - (3-5)%.
→ Allowable contingencies - 5%
→ Including Supervision - 2.5%.
→ Other Expensences - 2.5%
→ Physical Contingencies - 10%
→ Price adjust. Contingency - 10%
● Purpose of Specification:
→ Specify rhe nature of works.
→ Estimate the quantity and cost.
→ To clearify and ambiguity.
→ To identify the quantity of materials .
→ To identify the materials proportions.
→ To identify the types of workmanship used.
● Types of Specifications:
1 Functional specification
2 Technical / Design specification
3 Combinations
● No deduction opening -
→ Masonary works - 0.1sq.m
→ Plastering works - 0.50sq.m.
→ Formwork is - 0.40sq.m.
● Purpose of valuation
1 Buying or selling method
2 Taxation method
→ To assess the tax of a proprty valuation is raquired
3 Rent Fixation
→ Rent fixation is - ( 6-10 )% of valuation
4 Security of loans or Mortgage
→ Security of the property is required.
5 Compulsory acquisition.
→ The amount of compensation valuation of the property is required.
10 Supervision:-
● CPS - Construction Project Supervision.
● PS - Provisional Sums.
● TDS - Total Deduction at source.
● Types of Supervision:
1 Autocratic or Authoritarian
2 Laissez- Fair or Free- rein supervision
→ It is also known as Independent Supervision.
3 Democratic Supervision.
→ It is also known as Participative or Consltatives Supervision.
4 Bureaucratic Supervision.
● salvage value:
→ Salvage value is also known as salvation value & residual value.
→ salvage value is - Without Dismantled.
● Scrap value:
→ scrap value is - With Dismantled
→ Scrap value of building is taken - 10% of the cost of construction.
● Standard schedule of rates are revised at the periodic intervals of - (3- 5) years.
● The thickness of Plaster is - 12.5 mm.
● Quantity of wood works are generally - Sq.m.
THE END
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