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Two Storey Residence Cost Estimate

The document outlines the project estimation for a two-storey residence, detailing the estimated construction cost of Php 4,920,000 based on a total gross floor area of 164 sq.m. and a standard cost of Php 30,000 per square meter. Additionally, a professional fee of Php 123,000 is calculated at 2.5% of the estimated construction cost. The document also lists various design and technical fees, along with inclusions such as blueprinting materials, and includes a disclaimer regarding the absence of supervision.

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Niel Salgado
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0% found this document useful (0 votes)
35 views2 pages

Two Storey Residence Cost Estimate

The document outlines the project estimation for a two-storey residence, detailing the estimated construction cost of Php 4,920,000 based on a total gross floor area of 164 sq.m. and a standard cost of Php 30,000 per square meter. Additionally, a professional fee of Php 123,000 is calculated at 2.5% of the estimated construction cost. The document also lists various design and technical fees, along with inclusions such as blueprinting materials, and includes a disclaimer regarding the absence of supervision.

Uploaded by

Niel Salgado
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Project: Two Storey Residence

Client:

Project Estimation

Estimated Construction Cost = Total Gross Floor Area (TGFA)

X Standard Cost per Square Meters

164 sq.m. (82 sq.m. x 2 Storey)

X Php 30,000 (Semi Elegant Finish)

Estimated Construction Cost = Php 4,920,000

Professional Fee = Estimated Construction Cost

X Professional Fee

Php 4,920,000

X 2.5% (As per P.D. 1096 exc.


Supervision)

Professional Fee = Php 123, 000

Design Fee
Lot Plan/Location Plan

Architectural Plans

Structural Plans

Plumbing/Sanitary Plans

Electrical Plans

Technical Fee

Specification Sheet
Bill of Materials

3D Modelling

Realistic Rendering Output

Inclusions

Blueprinting, clips, long plastic envelope, etc.

Disclaimer:

Without supervision

Common questions

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The professional fee, calculated as 2.5% of the estimated construction cost (Php 123,000), covers comprehensive design services, including architectural, structural, plumbing/sanitary, and electrical plans, as well as advanced deliverables like 3D modeling and realistic rendering. Considering the breadth and depth of services provided, this fee can be seen as cost-effective, especially if it results in a well-coordinated and efficiently executed project, potentially minimizing costly errors or rework .

The estimated construction cost directly impacts the final budget as it serves as a baseline for calculating other related costs, such as the professional fee and potentially unforeseen expenses or overruns. As the main financial estimate, any inaccuracies or changes in the construction design, materials costs, or unforeseen complications can require budget adjustments, influencing overall project financial planning and management .

The estimated construction cost is calculated by multiplying the Total Gross Floor Area (TGFA) by the standard cost per square meter. According to the provided data, the TGFA is 164 square meters (82 sq.m. for each storey), and the standard cost per square meter for a semi-elegant finish is Php 30,000. Therefore, the estimated construction cost is Php 4,920,000 .

Including blueprinting and other document preparations in the project design fee ensures that all necessary documentation is professionally produced and readily available for all parties involved in the construction process. This facilitates clear communication, accurate implementation of designs, and comprehensive documentation that can be referenced throughout the project's lifecycle, potentially reducing errors and miscommunication .

Including a specification sheet and bill of materials in the design fee is significant because these documents ensure that all design intentions and material requirements are clearly communicated. The specification sheet outlines technical details and standards to be followed, while the bill of materials provides an itemized list of materials needed, aiding in precise budgeting, procurement, and execution of the construction project .

3D modeling and realistic rendering output can significantly enhance the planning process by providing visual representations that help both designers and clients visualize the final product. This can aid in making informed decisions about aesthetics and functionality, improve communication between stakeholders, facilitate modifications before construction begins, and assist in detecting potential design flaws early in the project .

The design fee includes the cost for the lot plan/location plan, architectural plans, structural plans, plumbing/sanitary plans, electrical plans, technical fee specification sheet, bill of materials, 3D modeling, realistic rendering output, and blueprinting materials like clips and envelopes .

The professional fee is calculated as a percentage of the estimated construction cost. According to P.D. 1096, excluding supervision, the professional fee is 2.5% of the estimated construction cost. For this project, with an estimated construction cost of Php 4,920,000, the professional fee amounts to Php 123,000 .

The disclaimer 'Without supervision' implies that the project will not include on-site supervision by the professional providing the designs and plans. This could lead to potential issues during construction, as there may be discrepancies between the plan specifications and the actual implementation. Lack of supervision could also lead to quality control problems, increased liability for errors or mishaps, and potential delays due to uncoordinated project progression .

Executing the architectural plans without professional supervision can lead to several challenges, such as misinterpretation of design specifications, inconsistency in quality control, and failure to address design issues promptly. Without supervision, there is a higher risk of errors in construction that may not adhere to the detailed plans, leading to costly corrections and potential structural issues .

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