Project Cost Breakdown

Our team estimates the project will cost a total of approximately $613,250. This total price is split with 67% allocated for direct cost of activities, and the remaining 33% is distributed among the various indirect costs of the project.

The direct cost of the project is further broken up with 66% going into Equipment cost and 34% going into Labour cost.

On the other hand, the indirect cost is split among five separate sections. The largest sections under indirect cost is Overheads and Profit and Engineering Fees which take up 40% and 30% of the total indirect cost respectively. The remaining 30% of the indirect cost is split between the cost of Insurance, Surety and Permits.