Friday, October 24, 2014

How to Allocate Money for Construction work


When allocating money for a construction project, we should know what could be the approximate project budject and provisions for each work. The amount of these provisions will vary depending on the specification of the materials and technology use. Below the rough figure about the provision of money for a project based on BOQ itemes. This could be changed easily so consider these percentages as only to have an approximate idea and not the exact values.

  • Exacavation -  2.5 - 4.5 %
  • Concrete Work (Including R/F & Formwork)        -  23 - 27 %
  • Masonry Work                                                       -  11 - 13 %
  • Floor/ Wall/ Celing/ Roof Finishes                        -  25 - 30 %
  • Doors & Windows Installation                               - 14 - 18 %
  • Plumbing & Sanitary Installation                           -  4 - 6 %
  • Electrical Installation                                             - 2.5 - 3.5 %
  • Drainage System                                                   - 1 - 2%

For small projects Labour cost will be 30-35% from the total project cost while Material cost take upto 65-70%  from the total project cost.



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