I'm working on a engineering question and need a sample draft to help me learn.
Prompt:
The Client wants to proceed based upon your project feasibility report with a $50,000,000.00 construction project.
Directions:
Based upon the following allocation, provide a breakdown of the overall budget:
1. Set aside 10% for a contingency in the event of an unforeseen condition.
2. Permit Fees - 2%
3. Bonding Costs - 3%
4. Demolition - 5%
5. Excavation - 7%
6. Foundation Concrete - 10%
7. Utility Connections - 5%
8. Framing - 6%
9. Roofing - 3%
10. Plumbing - 6%
11. Mechanicals - 8%
12. Electrical - 7%
13. Interior Finishes - 8%
14. Building Exterior - 7%
15. Engineering - 8%
16. Legal - 1%
17. Field Office - 4%
Also identify which items would be considered soft costs. During the course of the project you have been informed by the Electric Utility that it will cost an additional $1,500,000.00 to extend their infrastructure to the project site and it will delay the schedule by four months. Which budget line item will this cost be allocated and on future projects how would you mitigate the cost and the potential delay.