(a) You have just won a contract to cast a reinforced concrete platform of 150m^(3)(1:2:4) with 5tonnes of rod
for a sum of #6.75 million
(i) Reduce this item (150m^(3)) into schedule of materials
(ii) Estimate the cost of these materials from the first principles
(iii) Is the contract profitable
(iv) What do you think is wrong(if any) with the contract?
(v) With explanations, take a decision on whether to accept the contract or not
You may wish to use the following information:
Basic costs
Cemen(t)/(b)ag =#5,000^(3) =#90,000;
San(d)/(l)oad (3.5^(3)(m))=#25,000;
Ro(d)/(t)onne = #180,000;
llitre of water =#5
Clearing ,=#(600)/(m^(2))
Factors:
Labour =30%;
PR,=,20%;
Taxes =13%;
Overheads =,10%
