Cost Estimation

Project Cost Analysis & Estimation
Base BOQ Total: $ 1,250,000.00
Cost Component Method Value Amount
Direct Material & Labor (from BOQ) Fixed - $ 1,250,000.00
Overhead & Administration Percentage (%) $ 62,500.00
Contingency Fund Percentage (%) $ 37,500.00
Equipment & Machinery Rental Estimated Fixed -
Total Estimated Cost $ 1,395,000.00
Profit Margin Percentage (%) $ 209,250.00
Final Project Bid / Quotation Value $ 1,604,250.00
Cost Summary Chart
Direct Costs: 78%
Overheads: 7%
Margin: 15%

Tip: High contingency (3%+) is recommended for projects with soil instability or weather risks.

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