2.3 Adjust prime const and provisional sums Ref. No Description Omission (Rs) Addition (Rs) 01 02 03 Prime Cost sums Nominated sub-contractor pilling PC sum in BOQ Add 5 % profit pilling NSC account date 26/06/2008 Add 5 % profit Net Omission carried to summery Asphalt tanking PC sum in BOQ Add 5 % profit Asphalt NSC account date 20/09/2008 Ddt material cost Add 5 % profit Net Omission carried to summery Nominated suppliers Kitchen fitments PC sum in BOQ Add 5 % profit kitchen NS account Deducts 2.5 % discount Add 5 % discount (313,462.50 x 1/19) Net Omission carried to summery 1,170,000.00 58,500.00 1,134,000.00 56,700.00 1,228,500.00 (1,190,700.00) 1,190,700.00 141,070.00 (580.00) 140,490.00 7,024.50 37800.00 162,000.00 8,100.00 170,100.00 (147,514.50) 22,585.50 360,000.00 18,000.00 147,514.50 321,500.00 (8,037.50) 313,462.50 16,498.02 329,960.52 16,498.02 378,000.00 (346,458.54) 346,458.54 31,541.46
04 05 06 07 ironmongery PC sum in the BOQ Add 5 % profit Ironmongery NS account Add 5 % profit Net Addition carried to summery Provisional Sums Statutory bodies. Water main connection P. Sum in BOQ Payment to water board Add 5 % profit Net Addition carried to summery Electrical main Connection P. Sum in BOQ Payment made to EB Add 5 % profit Net Addition carried to summery Gas main Connection P. Sum in BOQ Payment made to Gas company Add 5 % profit Net Addition carried to summery 270,000.00 13,500.00 292,300.00 13068.00 305,368.00 15,268.40 283,500.00 320,636.40 (283,500.00) 66,000.00 37,136.40 65,456.00 3,272.80 66,000.00 56,000.00 68,728.80 (66,000.00) 2,728.80 56,343.00 2,817.15 56000.00 44,000.00 59,160.15 3,160.15 42,419.00 2,120.95 44,000.00 44,539.95 (44,000.00) 539.95
08 09 10 11 Sewer main Connection P. Sum in BOQ Payment made Add 5 % profit Net Addition carried to summery Other works. Day work P. Sum in BOQ No work Day work Net Omission carried to summery Telephone call P. Sum in BOQ Telephone bill was Add 5 % profit Net Omission carried to summery Security Installation P. Sum in BOQ Payment made to security company Add 5 % profit Net Addition to summery 70,000.00 67,982.00 3,399.10 70,000.00 60,000.00 71,381.10 70,000.00 1,381.10 00000.00 60,000.00 00000.00 00000.00 8,643.50 432.17 60,000.00 9,500.00 9,500.00 9,075.67 9,075.67 61,250.00 3,062.50 424.33 60,000.00 60,000.00 64,312.50 60,000.00 4,312.50
23. 24. Office for employer Sanitary Accommodation for employer Contractors Site Accommodation Water for the Work Electricity for the work Maintenance of public roads etc. Protection of public & Private services Protection of waterways Temporary roads Temporary hoardings & Gantries Name board Samples & testing Final cleaning Provision of security bonds & Guarantees Provision of performance bond All risk insurance Insurance against injury Provision for progress charts etc. Payments to local authorities etc. Setting out the works Site security lighting etc. Safety, health and welfare 60 60 70 30 30 00 00 00 70 70 90 00 00 100 100 00 00 00 100 100 30 30 30 30 24 60 60 100 100 100 24 24 00 100 00 00 00 100 100 100 00 00 60 60 10 10 6 10 10 00 00 00 6 6 10 00 100 00 00 00 00 00 00 00 10 10
Preliminaries 666,533.34 Substructure 100 % completed Superstructure & finishes Concrete work 100 % completed Masonry work 100 % completed Water proofing 100 % completed Woodwork 100 % completed Roof covering and plumbing 100 % completed & sanitary install. 80 % of 1850,000.00 wall & ceiling 40 % of 2,345,000.00 External work Drainage 90 % of 825,000.00 Fencing 75 % of 750,000.00 Nominated sub contractor Metal work 30 % of 850,000.00 Special attendance Profit 5 % of Material at site Electrical installation 60 % of 775,000.0055,000.00 Special attendance Profit 5 % of 465,000.00 Material at site Nominated suppliers goods Sanitary fittings Profit 5 % of 465,320.00 666,533.34 2,125,000.00 TEC HND in Quantity Surveyingent full .ms.oper execution of the contract. modifications. f different contracts, and subsi 4,675,0004.00 1,423,000.00 122,500.00 1,450,000.00 2,700,000.00 1,480,000.00 938,000.00 742,500.00 562,500.00 255,000.00 22,500.00 12,750.00 400,000.00 465,000.00 39,000.00 23,250.00 50,000.00 465,320.00 23,266.00 666,533.34 2,125,000.00 12,788,500.00 15,581,033.34 1,305,000.00 16,886,033.34 690,250.00 17,576,283.34 577,250.00 18,153,533.34 488,586.00 18,642,119.34
Money provisions Electrical main connection Water main connection Variations Fluctuation Claims Material at site Cement 60 bags @ Rs. 600.00 Sand 10 m3 @ Rs. 1800.00 Lime 3 tones @ Rs. 6000.00 Total value of work done Amount subject to NIL retention. Money provisions Fluctuation Claims Amount subject to Retention 83,250.00 68,730.00 300,406.00 173,000.00 42,000.00 36,000.00 18,000.00 18,000.00 151,980.00 173,000.00 42,000.00 18,642,119.34 151,980.00 18,794,099.34 515,406.00 19,309,505.34 72,000.00 19,381,505.34 366,980.00 19,381,505.34 (366,980.00) 19,014,525.34
Retention 5 % of 19,014,525.34 Recovery of advance 20 % of 17,625,419.34 Ddt. previous payments Balance Due 950,726,27 3,525,083.87 13,400,000.00 19,381,505.34 (4,475,810.14) 14,905,695.20 (13,400,000.00) 1,505,695.20
Task 6.4 Preparation of Final Account for this Project Valuation No: - 12 Valuation Date: - 26 / 09 / 2009 Preliminaries Substructure 100 % completed Superstructure 100 % completed External work 100 % completed Nominated sub contractor work Special attendance Profit 5 % of 888,758.00 Electrical installation Special attendance Profit 5 % of 763,860.00 Nominated suppliers goods Sanitary fittings Profit 5 % of 465,320.00 Money provisions Electrical main connection Water main connection Variations Fluctuation Claims Total value of work done 1,000,000.00 2,125,000.00 15,580,500.00 1,575,000.00 888,758.00 75,000.008.00.00uation Date: - 27 44,437.90 763,860.00 65,000.00 38,193.00 465,320.00 23,266.00 83,250.00 68,730.00 300,406.00 372,170.00 152,980.00 1,000,000.00 19,280,500.00 1,008,195.90 867,053.00 488,586.00 151,980.00 825,556.00 23,621,870.90
Amount subject to NIL retention. Ddt Money provisions Fluctuation Claims Amount subject to Retention Retention 5 % of 22,944,740.90 Recovery of advance 20 % Previous payments Add Retention released 50 % of 1,147,237.05 Balance Due 151,980.00 372,170.00 152,980.00 23,621,870.90 (5,203,337.05) 677,130.00 23,621,870.90 (677,130.00) 22,944,740.90 1,147,237.05 4,056,100.00 17,659,000.00 573,618.53 18,418,533.85 (17,659,000.00) 759,533.85 573,618.53 1,333,152.38
FINAL ACCOUNT STATEMENT Contract Sum Deduction Nominated sub contract work Nominated suppliers work Money provisions Contingencies Additions Nominated sub contract work Nominated suppliers work Money provisions Variations Fluctuations Claims Deduct net contract payment Advance payment Previous payments Balance due Omission 1,846,250.00 525,000.00 150,000.00 400,000.00 2,921,250.00 4,056,100.00 18,991,065.36 Addition 23,201,750.00 1,875,248.90 488,586.00 151,980.00 300,406.00 372,170.00 152,980.00 26,543,120.90 (2,921,250.00) 23,621,870.90 (23,047,165.36) 574,705.54 TASK 7