Budget
Thornton Residence (GC-2024-001)
Budget Status
Draft - Awaiting Review
Last import:
2024-04-20
Contract Value
$850,000
Total Budget (Ex-GST)
$573,465
Projected Profit
$276,535
32.5% margin
Preliminaries
8 items| Category | Description | Qty | Unit | Rate | Amount | |
|---|---|---|---|---|---|---|
| Project Management | PM FeeAI Estimate | 26 | wks | $1,200 | $31,200 | |
| Site Supervision | Site ForemanAI Estimate | 26 | wks | $2,800 | $72,800 | |
| Insurance | Contract Works InsuranceAI Estimate | 1 | allow | $4,500 | $4,500 | |
| Licenses & Permits | QBCC LicenceAI Estimate | 1 | allow | $800 | $800 | |
| Licenses & Permits | Council Building PermitAI Estimate | 1 | allow | $3,200 | $3,200 | |
| Software & Estimating | Cost CubingAI Estimate | 1 | allow | $450 | $450 | |
| Site Establishment | Site Sheds & AmenitiesAI Estimate | 1 | allow | $8,500 | $8,500 | |
| Waste Removal | Skip BinsAI Estimate | 26 | wks | $350 | $9,100 | |
| Preliminaries Total | $130,550 | |||||
Milestone 1: Site Works & Base
5 itemsDemolition
$15,000Strip & Clear SiteAI Estimate | 1 | allow | $15,000 | $15,000 |
Concrete
$19,500FootingsAI Estimate | 45 | m2 | $180 | $8,100 | |
Ground SlabAI Estimate | 120 | m2 | $95 | $11,400 |
Site Works
$20,100Bulk ExcavationAI Estimate | 1 | allow | $12,000 | $12,000 | |
Retaining WallsAI Estimate | 18 | lm | $450 | $8,100 |
Milestone 2: Frame & Lock-Up
8 itemsMilestone 3: Fix-Out
11 itemsMilestone 4: Practical Completion
5 itemsPreliminaries$130,550
Trade Costs$414,015
Subtotal$544,565
Contingency (5%)$28,900
Total Budget (Ex-GST)$573,465
GST (10%)$57,347
Total Budget (Inc-GST)$630,812
Contract Value$850,000
Projected Profit$276,535
Gross Margin32.5%