VS

Estimation

Project Cost Estimation

Cost-head build-up for the Dubai Phase-3 Thrill Zone enquiry (QTN-5501 V3), with scenario comparison and selling price derivation.

Within margin policy

Total project cost (expected)

$3,230,000

All cost heads

Selling price before discount

$4,250,000

Target margin 24%

Realised margin after discount

21.6%

Final contract value

$4,328,625

Incl. tax 5%

Cost heads

Best / expected / worst case comparison

Cost headBestExpectedWorst% of cost
FRP (resin, glass, gelcoat)$742,000$796,000$868,00024.6%
Steel structure$611,000$648,000$712,00020.1%
Hydraulic system$288,000$305,000$341,0009.4%
Electrical & controls$176,000$189,000$214,0005.9%
Moulds & tooling$145,000$168,000$205,0005.2%
Direct labour$262,000$288,000$336,0008.9%
Engineering & design$121,000$134,000$158,0004.1%
Subcontracting$168,000$186,000$224,0005.8%
Packing & logistics$148,000$162,000$198,0005.0%
Installation & commissioning$195,000$224,000$288,0006.9%
Overheads & contingency$108,000$130,000$182,0004.0%
Total$2,964,000$3,230,000$3,726,000

Commercial build-up

24%
3%
5%
Total project cost
$3,230,000
Selling price
$4,250,000
Discount value
-$127,500
Price after discount
$4,122,500
Tax
$206,125
Final contract value
$4,328,625

Approval route

Discount beyond 5% requires management approval

  1. EstimatorComplete
  2. Sales ManagerComplete
  3. FinanceComplete
  4. ManagementNot required
  5. CustomerSubmitted