Muscat International Airport

Main Contract 3

PROJECT COST ANALYSIS

17.12.2014

NOTES:
Original Costs and Contract Value in 2011 were without
Maintenance yard buildings.
Year End 2013 results declared with maintenance yard buildings
as Provisional sum buildings added to the Contract.
Sept 2014 interim figures are WITHOUT maintenance yard
buildings in view of uncertainties in Arbitration.
Present Analysis of costs are without MYB.

ORIGINAL

REVISED

CONTRACT VALUE

152.260

158.402

COST

137.564

132.416

14.697

25.986

MARGIN

* - All the values are in Million RO

Expected consumption is 30 Million for 2014

Hence expected results for 2014:
TO:

34.493

GM:

4.483

Job Description

Job Nos.

Original
CTC
A

Savings
Savings
Revised Revised Cost DEC
Cost
CTC DEC- CTC - SEP 13 vs SEP Original vs
2013
2014
14
SEP 2014
B

D = C -B

E=C-A

(46,809)

(1,046,809)

Provisions & contingencies

MNE-413A

6,000,000 5,000,000 4,953,191

HVAC

MNE-413B

41,401,859

32,972,52 30,153,62
0
0
(2,818,900) (11,248,239)

Electrical

MNE-413C

60,270,040

54,967,61 52,976,69
8
3
(1,990,925) (7,293,347)

Plumbing

MNE-413D 11,901,014

10,832,31 10,619,71
3
1
(212,602)

Prelims

MNE-413E

21,521,15 33,713,19
3
3
12,192,040 15,722,052

17,991,141

(1,281,303)

137,564,0 125,293, 132,416,

54
604
408
7,122,804 (5,147,646)

Major Contributors for Increase

in Prelims cost compared to
Original cost:

Increased
by (RO)

Arbitration cost

2,000,000

Camp cost for extended period

3,000,000

Indirect Labour cost

6,500,000

Direct labour cost

Tools, Consumables and
Miscellaneous items

1,080,000
1,000,000

COST ANALYSIS
Revised Cost
Material
Direct Labour
Indirect labour
Plant, Equip & Vehicles
Design
Provisions
Others

132.416
77.966
19.501
17.920
3.255
4.907
4.953
3.911

Split up of Labour costs:

HVAC
Electrical
Plumbing
Prelims

Split up of Provisions
Prelims - Provision
Foreign Exchange Risk Provision
Contigencies
Contingencies for Labour
Provisions for Supplier's Contingencies
Total

Direct Labour
5.892
6.251
2.592
4.764
19.499

Indirect Labour
0.541
0.560
0.220
16.598
17.919

Total
6.433
6.811
2.812
21.362
37.418

0.003
0.950
1.000
2.500
0.500
4.953
All the values in Million
RO.

Original vs Revised Labour

Estimate
Original

Revised

Direct Labour Indirect Labour Direct Labour

Indirect Labour

HVAC

5.083

0.539

5.891

0.541

Electrical

5.265

0.558

6.251

0.560

Plumbing

2.078

0.220

2.592

0.220

Prelims *

13.361

4.764 *

16.598

12.426

14.678

19.498

17.919

* Split up of Prelims Direct Labour RO 4.764

Million:
Direct labour - Skilled

1.080

Direct labour - Unskilled

0.003

Casual Labour

0.538

Camp cost for extended period

3.000

JCA from Job debit

0.141

COST AS ON END
NOVEMBER 2014
Discipline

Revised Budget
for Direct
Labour (A)

Balance for
Direct Labour
(C )

Subcontract
Labour (B)

Already
Spent (D)

Indirect
labour (T&C)
- ( E)

Total Available
Balance (C - D
+E)

HVAC

5,892,917

1,497,188

4,395,729

2,762,929

539,600

2,172,400

Electrical

6,251,105

892,439

5,358,666

5,433,418

558,781

484,029

Plumbing

2,592,673

2,592,673

2,042,402

220,124

770,395

Prelims

4,764,631

4,764,631

3,772,557

992,074

4,418,898

Add - Contingencies for Labour from MNE-413A

2,500,000

Grand Total Available

6,918,898

Expected Expenses for Direct labour

25,000 Man months x RO 200

5,000,000

Expected Expenses for Indirect labour

Discipline

Prelims

Revised Budget
for Indirect
Labour (A)

Subcontract
Labour (B)

Balance for
Indirect Labour
(C )

16,598,254

16,598,254

RO 330,000 x 13 months

Already
Spent (D)
12,277,217

Indirect
labour (T&C)
- ( E)

Total Available
Balance (C - D
+E)
4,321,037

4,290,000