Consider the following items of a given project. Item Unit Quantity Material Cost Labor Cost 11200 S

Consider the following items of a given project. Item Unit Quantity Material Cost Labor Cost 11200 S/C Cost m 1000 Equipment Cost 4000 4000 3200 4800 m3 150 180 40 60 Job m m L.S. 1800 960 1200 1000 400 600 5 2000 – Site overheads = 5% of Direct cost (i.e., $10500). – General overheads = 5% of Construction cost. – Profit and risk = 10% of Total cost. It is required to: a) Develop a balanced tender price. b) Develop an un-balanced tender price (early income).

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