In: Civil Engineering
n earthwork contract requires to cut and move excavated rocks. The site is a typical limestone rock formation in a cut section, which is 15,000 ft long, 85 ft wide, and 3 ft deep. Seismographic tests indicate a seismic wave velocity of 5,000 fps for the rock layer material. The contractor proposes to rip the rock with a 370-hp crawler tractor. Answer the following questions.
As a Construction Manager for this site development project, prepare detailed cost estimate for the project, and bid documents.
Assume 10% time value cost of money, bonds, insurance, and storage over total direct cost, contingency at 2% of total direct cost, indirect overhead cost at 5% of total direct cost (additional on top of the equipment and operator costs), and 10% fee (on subtotal total of direct and indirect cost).
Detailed solution is as follows,
Productivity
For the given seismic wave velocity,ie., 5,000 fps and using 370 hp tractor ,referring the tractor production chart,
Productivity =560 bcy/hr
Volume of rock = 15000 x 85 x 3
=3825000 cft
Total durationto cut the rock = 3825000/560
=6830 hours
Estimation
The normal cost for the tractor per hour = $ 96 per hour(including operator charges)
Total direct cost = 96 x 6830 =655680
Other costs are as follows
Cost for fee =10% of Direct and Indirect cost
=10% of 767145
=76714.56
Total Estimation =(Total Direct +Indirect cost) + Cost for fee
=767145.6 +76714.56
=$832860