Answer to Question #151591 in Economics for alia

Question

Ilham Developer is considering constructing a new office building in Ipoh, Perak and has appointed your company as Quantity Surveyor for this project. The Gross Floor Area (GFA) for the proposed building is 12,600m2. Summary of Cost Analysis: Building Works External Works Preliminaries Contingencies Total Contract Sum RM 16,800,000.00 RM 2,217,500.00 RM 1,540,000.00 RM 1,250,000.00 RM 21,807,500.00 The above information is a summary of Cost Analysis for an office building tendered in 2014. The Gross Floor Area (GFA) for the analysed building is 9,600 m2. You are requested by the client to prepare the cost limit for the proposed project based on the following information: i) The market condition indicates that the price of the building and the tendering condition have increased to 16% from the date of tender in the cost analysis. Show all the calculations in detail.

Answer 1

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