major rates

7/26/2019 Major Rates

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MAJOR RATES1 Excavating basements; not exceeding 2.00m deep m 3 350.002 Excavating for footings; not exceeding 1.50m deep m 3 300.003 Remove excavated materials off site m 3 400.004 150mm thick Hardcore bed blinded with fine materials m 3 3,000.005 Mass concrete grade 15 m 3 3,500.006 Reinforced concrete grade 30 m 3 5,000.00

7 Mild steel rod reinforcement kg 42.008 High tensile rod reinforcement kg 43.009 Sawn formwork to soffits of suspended slabs m 2 900.0010 Sawn formwork to columns and walls m 2 850.0011 "Kliplok Colorbond" 0.64mm profiled steel sheeting m 2 1,100.0012 Aluminum casement windows, single glazed m 2 9,500.0013 Structural steelwork-beams, stanchions and the like kg 105.0014 Steelwork-angles, channels, flats and the like kg 95.0015 25mm cement and sand (1:3) paving m 2 350.0016 20mm cement and sand (1:4) plaster to walls m 2 350.00

17 Ceramic tiles bedded to floor screed (m/s) m 2 1,300.0018 12mm fibrous plasterboard ceiling lining m 2 1,300.0019 Two coats of emulsion paint to plastered surfaces m 2 450.0020 Average expected preliminaries % 8-15

* The above costs are based on lump sum fixed price contract rate exclusive ofpreliminaries and contingencies unless otherwise stated

ESTIMATING RULES OF THUMB

Densities of Common MaterialsConcrete 2400 kg/m3 Water 1000 kg/m3Cement 1441 kg/m3 Softwood 700 kg/m3Sand 1600 kg/m3 Hardwood 1100 kg/m3Gravel 1350 kg/m3 Aluminum 2750 kg/m3Steel 7850 kg/m3 Soil (compact) 2100 kg/m3

Concrete: Minimum Recommended Cement Factor Based on Concrete Strength(in bags of 40kg cement)

Strength Ordinary Design Mix Pumpcrete DesignPsi Mpa 1 ½” Gravel Size ¾” Gravel Size ¾” 8000 55 21 22 237000 48 19 20 216000 41 17 18 195000 35 15 16 174000 28 11.75 12.75 14.53000 21 9 10 11.5



ReinforcementBar Diameter Weight/m

(mm) (kg/m)6 0.2228 0.395

10 0.61612 0.88816 1.579

20 2.46625 3.85428 4.83432 6.31336 7.99040 9.864

Structure Design – Concrete RatiosThe following is a range of concrete ratios for building superstructure design in Manila:

Concrete/ floor area 0.4 m3

/m2

to 0.55 m3

/m2

Formwork/floor area 2.0 m 2/m 2 to 3.0 m 2/m 2 Reinforcement 180 kg/m 3 to 280 kg/m 3

Average External Wall/ Floor RatioResidential Apartments 0.35 m 2/m 2 Office, Hotel 0.4 m 2/m 2 Industrial 0.4 m 2/m 2

Average Internal Wall/ Floor RatioResidential Apartments 1.0 m 2/m 2 Office, Hotel 0.5 m 2/m 2 Industrial 1.5 m 2/m 2

Dimensions for standard parking space, loading/ unloading bays and lay-bys

Length Width Headroom(m) (m) (m)

Private Cars, Taxis and Light Vans 5 2.5 2.4Coaches and Buses 12 3.0 3.8

Lorries 11 3.5 4.1Container Vehicles 16 3.5 4.5

* Minimum headroom means the clearance between the floor and the lower most projection from the ceiling includingany lightings units, ventilation duct, conduits or similar.** The above ratios are indicative and for reference purpose only. They do not account for buildings with special shapes,configurations or particularly small footprints.



Conversion

1 MPa 145 psi1 m 3.281 ft1 km 0.621 mi1.5 hp 1 TR

Construction Costs for Philippines

PESO/m2

DESCRIPTION BUILDINGM & E TOTAL

SERVICESTOTAL

DOMESTICApartments, high rise, average standard 27,000 – 34,000 7,000 – 10,700 34,000 – 44,700Apartments, high rise, high end 37,500 – 43,800 9,700 – 15,400 47,200 – 59,200Terraced houses, average standard 23,000 – 26,400 2,700 – 4,600 25,700 – 31,000Detached houses, high end 46,000 – 51,000 7,900 – 12,150 53,900 – 63,150

OFFICE/COMMERCIAL

Medium/high rise offices, average standard 25,000 – 27,500 9,450 – 13,300 34,450 – 40,800High rise offices, prestige quality 40,200 – 45,500 13,150 – 17,100 53,350 – 62,600Out-of-town shopping center, ave. standard 23,800 – 27,100 6,925 – 12,580 30,725 – 39,680Retail malls, high end 32,500 – 41,500 8,150 – 14,800 40,650 – 56,300

HOTELSBudget hotels – 3 star, mid market 34,000 – 46,700 12,400 – 16,050 46,400 – 62,750Business hotels – 4/5 star 35,100 – 46,800 13,500 – 20,400 48,600 – 67,200Luxury hotels – 5 star 49,100 – 54,200 14,250 – 23,600 63,350 – 77,800

INDUSTRIAL

Industrial units, shell only (conventionalsingle storey framed units)

13,200 – 14,200 3,950 – 7,200 17,150 – 21,400

Owner operated factories, low rise, lightweight industry

15,400 – 16,600 3,950 – 7,200 19,350 – 23,800

OTHERSUnderground/basement car parks (<3 levels) 16,800 – 17,300 3,950 – 7,200 20,750 – 24,500Multi storey car parks, above ground (<4levels)

14,200 – 16,500 3,550 – 6,800 17,750 – 23,300

Schools (primary & secondary) 19,500 – 22,200 7,050 – 13,000 26,550 – 35,200Students residences 22,500 – 24,800 7,000 – 10,500 29,500 – 35,300

Sports clubs, multi-purpose sports/leisurecenters(dry sports) with a/c and including FF& E

45,500 – 53,100 6,200 – 9,720 51,700 – 62,820

General hospitals – public sector 41,600 – 48,600 12,600 – 20,350 54,200 – 68,950

* Costs are at 4 th quarter 2014 levels. Manila building costs are expected to increase by approximately 0.5% per month(compounded) during 2015.



PESO/m 2

DESCRIPTION TOTALSERVICES

ELECTRICALSERVICES

MECHANICALSERVICES

FIRESERVICES

LIFTS/ESCALATOR

PLUMBINGSERVICES

DOMESTIC Apartments, high rise, averagestandard

7,000 – 10,700 3,600 – 4,300 600 – 1,400 600 – 900 800 – 2,000 1,400 – 2,100

Apartments, high rise, high end 9,700 – 15,400 3,900 – 6,300 2,100 – 3,000 700 – 1,300 900 – 2,100 2,100 – 2,700Terraced houses, average standard 2,700 – 4,600 1,400 – 1,800 600 – 1,300 - - 700 – 1,500Detached houses, high end 7,900 – 12,150 3,000 – 5,500 2,500 – 2,950 - - 2,400 – 3,700

OFFICE/COMMERCIALMedium/ high rise offices, averagestandard

9,450 – 13,300 3,300 – 4,700 3,000 – 4,000 650 – 900 1,600 – 2,200 900 – 1,500

High rise offices prestige quality 13,150 – 17,100 4,800 – 6,000 4,000 – 5,000 650 – 1,200 2,200 – 2,900 1,500 – 2000Out-of-town shopping center,average standard

6,925 – 12,580 3,060 – 5,100 2,125 – 3,825 550 – 765 595 – 1,700 595 – 1,190

Retail malls, high end 8,150 – 14,800 3,600 – 6,000 2,500 – 4,500 650 - 900 700 – 2,000 700 – 1,400

HOTELSBudget hotels – 3 star, mid market 12,400 – 16,050 4,700 – 5,500 3,300 – 4,500 650 – 950 1,800 – 2,300 1,950 – 2,800Business hotels – 4/5 star 13,500 – 20,400 5,100 – 6,500 3,800 – 6,200 600 – 1,000 1,700 – 2,900 2,300 – 3,800

Luxury hotels – 5 star 14,250 – 23,600 5,400 – 9,000 4,000 – 6,500 650 – 1,100 1,800 – 3,000 2,400 – 4,000

INDUSTRIALIndustrial units, shell only(conventional single storey framedunits)

3,950 – 7,200 2,000 – 3,500 650 – 1,500 600 – 900 - 700 – 1,300

Owner operated factories, low rise,lightweight industry

3,950 – 7,200 2,000 – 3,500 650 – 1,500 600 – 900 - 700 – 1,300

OTHERSUnderground/basement car parks(<3 levels)

3,950 – 7,200 2,000 – 3,500 650 – 1,500 600 – 900 - 700 – 1,300

Multi storey car parks, aboveground (<4 levels)

3,550 – 6,800 1,800 – 3,300 450 – 1,300 600 – 900 - 700 – 1,300

Schools (primary & secondary) 7,050 – 13,000 3,300 – 4,900 600 – 3,500 650 – 900 1,600 – 2,200 900 – 1,500Students residences 7,000 – 10,500 3,600 – 4,300 600 – 1,400 600 – 900 800 – 1,800 1,400 – 2,100Sports clubs, multi-purposesports/leisure centers (dry sports)with a/c and including FF & E

6,200 – 9,720 2,900 – 3,770 1,500 – 1,950 400 – 700 -- 1,500 1,400 – 1,800

General hospitals – public sector 12,600 – 20,350 5,000 – 7,700 4,200 – 6,500 750 – 1,500 900 – 1,800 1,750 – 2,850

*Costs are at 4 th quarter 2014 levels



Trends:



M & E MAJOR PLANT COSTS FOR THE PHILIPPINES

DESCRIPTION UNIT COST (Php)1. Water cooled electric chiller per TR 16,000 – 28,0002. Air-cooled electric chillers per TR 25,000 – 35,0003. Cooling towers; induced draft per GPM 2,300 – 3,0004. Air Handling Units (AHU) per TR 13,000 – 19,0005. Packaged Water-Cooled Units

(PWCU)per TR 18,000 – 27,000

6. Fire Pumps; electric motor driven per HP 17,000 – 22,0007. Fire Pumps; diesel engine driven per HP 22,000 – 26,0008. Standby generator sets per kVA 5,500 – 9,5009. Power transformers, with built-inprimary protections; padmount

per kVA 1,600 – 6,000

10. Power transformers, with primaryprotection; silicon oil filled

per kVA 1,300 – 4,400

11. Power transformers, with primaryprotection cast resin

per kVA 2,000 – 5,000

12. Sewage Treatment Plant,

Sequencing Batch Reactor (SBR);including civil works

per m3

/day 20,000 – 30,000

* Rates are based on direct supply of imported equipment and materials by the developer** Rates include all government imposed taxes, import duties, brokerage fees and allowances for local materials andinstallation cost*** Rates exclude preliminaries and contingencies**** Rates are by on fixed price tenders received in 4 th quarter 2014

FIT-OUT COSTS FOR PHILIPPINES

DESCRIPTION PESO/m2 HOTELSPublic Areas (Front of House):3-star Hotel 18,000 – 22,0004-star Hotel 24,000 – 28,0005-star Hotel 30,000 upGuest rooms:3-star hotel 16,000 – 18,0004-star hotel 20,000 – 25,0005-star hotel 30,000 – 40,000

Notes:1. Includes furniture,floor,wall and ceiling finishes,drapery,sanitary fittings and light fittings2. Excludes partitioning,M&E works,building shell,Chandelier,operational items and equipment (e.g.bed,cutlery,crockery,linen,television,refrigerator,etc.),opening expenses,stage equipment and computersystems



COMMERCIALShopping centers 20,000 – 25,000Notes:1. Mall/Public areas only; tenant area to be barefinish2. See notes 1,2 & 3 below

NOTE:1. Costs are at December 2014 levels2. Costs include wall, floor, ceiling finishes, doors, FF&E, M&E Works service reticulation, preliminaries

Forex US$1:44.5

DESCRIPTION PESO/m2 OFFICESStandard offices *Executive offices **Banking lobby ***

* Medium quality systems furniture** High quality furniture and finishes*** Imported stone finishes; double volume spaces

Note:See notes 1, 2 & 3 below

RESTAURANTSGeneral dining restaurant 20,000 – 25,000Fine dining restaurant

Note:Includes furniture,floor,wall and ceiling finishes,minoralteration to air-conditioning and fire servicesinstallation to suit lay-out,exhaust for kitchen butexcludes exhaust flue,operational items (e.g. cutlery,crockery,linen,utensils,etc.)

3. Costs exclude operational equipment and supplies, structure, external enclosure, major M&E plant, financingand developers costs, professional and marketing fees.

DESCRIPTION PESO/m2 THEATRES / CINEMASTheatres * 40,000 – 65,000Cinemas ** 25,000 – 40,000

* Includes stage rigging and equipment, draperies,AV equipment projectors, screens, acoustics andseatings** Includes screens, projection equipment, seats,finishes, ticketing booth



AUDITORIUMS 35,000 – 60,000

BUSINESS CLUBS 50,000 – 70,000

BAR/ BILLIARDS* 32,000 – 40,000

* Excluding kitchen equipment

NOTE:1. Costs are at December 2014 Levels2. Costs include wall, floor, ceiling finishes, doors, FF&E, M&E Works service reticulation, preliminaries.

Forex US$1:44.503. Costs exclude operational equipment and supplies, structure, external enclosure, major M&E plant, financing

and developers costs, professional and marketing fees

Average Loads VolumeLorry (24 ton) 10.0 m3Concrete truck (24 ton) 5.5 m3

major rates

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