- 2075 Asoj · 4+4 marks
Components of complete estimate; abstract cost
Short answer
Components: land, main building, water supply, sanitary, electrical, external works, furniture, consultancy, contingency (3–5%), VAT 13%. The abstract of cost tabulates items with quantity, unit, rate, and amount; sample shows earthwork, PCC, brickwork, etc., subtotalled and adding contingency and VAT to reach grand total.
What are the components of a complete estimate? Prepare a sample of abstract of cost.
Components of a complete estimate
A complete estimate gives the total final cost of the project, including all costs related to the building besides the main construction cost:
- Land cost and compensation, including legal charges.
- Cost of the main building (civil works), from the detailed estimate.
- Water supply, sanitary and drainage works.
- Electrical installation (wiring, fittings, earthing, lightning conductor, lift).
- Architectural treatment and special finishing.
- External works: approach road, compound wall, gate, landscaping, septic tank.
- Furniture, equipment and fittings.
- Planning, design and supervision charges (consultant fees), and establishment.
- Contingency (3 to 5%) and work-charged establishment.
- Taxes (VAT 13%), interest during construction, and price escalation provisions.
Sample abstract of cost
(Illustrative quantities and rates)
| SN | Item | Qty | Unit | Rate (Rs) | Amount (Rs) |
|---|---|---|---|---|---|
| 1 | Earthwork in excavation | 100 | m³ | 600 | 60,000 |
| 2 | PCC 1:3:6 | 10 | m³ | 11,500 | 115,000 |
| 3 | Brickwork 1:6 | 40 | m³ | 15,500 | 620,000 |
| 4 | RCC M20 (concrete) | 25 | m³ | 18,000 | 450,000 |
| 5 | Reinforcement Fe 500 | 2,500 | kg | 150 | 375,000 |
| 6 | Plaster 12.5 mm | 300 | m² | 480 | 144,000 |
| 7 | Flooring | 100 | m² | 900 | 90,000 |
| Sub-total | 1,854,000 | ||||
| Contingency 5% | 92,700 | ||||
| Total | 1,946,700 | ||||
| VAT 13% | 253,071 | ||||
| Grand total | 2,199,771 |
Rates are illustrative; actual rates are taken from the District Rate.
✓ Answer checked by Claude Opus 5.5 (high effort)
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