endobj /Pg 21 0 R >> /K 51 << >> /Pg 14 0 R /P 10 0 R >> /Lang (EN-GB) Labour cost for mixing, pouring and consolidation of concrete = 170,000 Supervision cost = 50,000 Casting of ground floor slab = 1,633,300 Therefore, the tentative cost of raising the building from foundation to DPC is 5,193,935 without the contractor's profit and overhead. /P 467 0 R /Pg 22 0 R /Annotation /Span /Pg 17 0 R >> endobj endobj /Pg 16 0 R 178 0 obj endobj /P 471 0 R /P 467 0 R /Pg 20 0 R stream /S /P 318 0 obj /S /P Once you understand the fee calculation for architects, you can easily apply it to that of the quantity surveyor, structural engineer, mechanical or electrical engineer. /Bibliography /BibEntry Work Supervision is calculated based on the value of the project (Construction Cost) that is equal to 4% to 7% of project value (The higher the percentage of project value calculation for the cost of supervision of the smaller) (Please calculate the cost of your project under the supervision of project value in the table below) 264 0 obj >> >> 276 0 obj In Nigeria, you can use a value of between N70,000 N150,000 per square meter depending on the quality of construction (2018). Because, based on this value, then the example you gave above will have a built up area of about 260 sqm (using the low range of 70k). /Pg 21 0 R /Lang (EN-GB) /Lang (EN-GB) /K 11 /TT0 356 0 R Based on these findings, it can be concluded that continuous investigation into, and analyses of cost overruns at stages of building projects would encourage professionals to apply the best mitigation measures, in order to achieve a significant reduction in the total cost overrun at the completion of a project. /P 464 0 R /Pg 20 0 R However,this article has helped me to understand these changes better.As I could compare your detailed breakdown and calculations with the revised one. Thank you for your detailed presentation. >> endobj 32 0 obj null 324 0 R null null null 325 0 R null null null 326 0 R /Pg 15 0 R /Pg 19 0 R 134 0 obj /Contents 372 0 R >> /K 39 /K 14 /K 78 /Pg 20 0 R /P 470 0 R endobj 127 0 obj 186 0 obj /S /Sect Two of the expressways lanes are intended to be exclusively used by theLagos Bus Rapid Transit System. Construction professionals should be well informed of these consequences (cost overruns) at an early stage, in order to evaluate the extent to which these consequences could be minimised. /S /L /Lang (EN-GB) >> /Pg 16 0 R /Pg 20 0 R /Lang (EN-US) 41 0 obj /P 10 0 R /P 10 0 R >> /Pg 21 0 R /P 466 0 R /S /P endobj 293 0 obj >> /S /P 213 0 obj /Pg 20 0 R /S /P /TT3 359 0 R The value I recommended was the average amount I derived from experience on institutional projects and used up till 2018. ^(t(uwuP93Y@Iz|Ek=gh:Q\e_tEzjYb>]IWpb(('r5JG-s-LFe=5F6=&\c~T[FV=n8G~/T'{j c*koZ3sg1Qke3aBt5:xWxnu{+ >> /S /P 33 0 obj >> The cost per area can be gotten from a QS or from your construction experience. << /K 5 endobj 215 0 obj /K 22 The scale of fee is applied on a sliding scale. endobj 8 0 obj Next 30=20%. /S /P /P 495 0 R /S /L 6 largest construction projects in Nigeria - CCE l ONLINE NEWS Once you are ready to start your construction, make sure to have a clear budget, showing how you will spend your money on each element or item on your building project. << << /K 71 /S /P He should be able to apply the different monitoring techniques to achieve the objectives. /S /P /TT4 361 0 R /S /P << /Lang (EN-GB) endobj /Lang (EN-US) ii) Building projects are subject to limited budget. << endobj >> /S /P endobj endobj /K 10 >> /S /P /Pg 21 0 R
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cost of supervising a building project in nigeria