338 0 obj 9 [115 0 R 116 0 R 117 0 R 118 0 R 119 0 R null null 312 0 R null null endobj /P 439 0 R << /Lang (EN-GB) /Lang (EN-GB) /P 444 0 R /S /P /K 9 /S /LBody /S /P >> >> /S /P Create Project final report containing all activities during project implementation progress. /S /S /K 0 /K 11 /S /LBody /P 459 0 R endobj /Pg 20 0 R /Pg 21 0 R endobj /Lang (EN-GB) /S /P /P 487 0 R endobj /Pg 24 0 R Mind the safety and welfare of the workers. << /A 392 0 R /Pg 20 0 R /K 82 /P 10 0 R 8,47kO:d^"fp`~. /TT2 364 0 R >> endobj /Font << Keywords: Actual cost, cost overrun, estimated cost, Nigeria, building projects. endobj /S /P /Nums [0 [25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 31 0 R 32 0 R 33 0 R 34 0 R >> In that case what should the architect base his judgement on. 283 0 obj >> /Type /Page << Lagos Ibadan Railway Modernisation Project. 210 0 obj 322 0 obj 16 0 obj Construction Supervision approach to be adopted, aiming to deliver the best to minimize errors that result in demolition and unnecessary repetition of work because of an error or image quality jobs that do not meet the requirement. << /P 462 0 R /P 10 0 R /Lang (EN-GB) endobj This implies that you will be involved right in at the deep end, and taking a lot of responsibilities. /Pg 21 0 R /Rect [196.792 689.183 402.659 698.382] /S /P 143 0 obj /P 464 0 R << << >> /S /P /K 12 <> >> >> endobj The breakdown of the sample architects fee given earlier in stages of payment will be as follows. /S /P << meet the requirement. /K 1 >> I sometimes wish that we can all unite and insist on professional fees but again judging by the general financial capacity of the public, how many can afford it. /K 95 178 0 obj /S /Sect /Count 11 /Pg 20 0 R 24 0 obj There are 3 stages of payment. /Lang (EN-GB) /Lang (EN-GB) /StructParents 10 /S /P >> 251 0 obj >> >> /A 13 0 R 127 0 obj /Pg 20 0 R 272 0 obj /Lang (EN-GB) /P 10 0 R endobj /Lang (EN-US) << << 120 0 obj endobj endobj /Type /Border Site supervision beyond the original contract period. /K 3 /Pg 19 0 R /Lang (EN-GB) /P 450 0 R /P 471 0 R /P 470 0 R << /BS << /Pg 20 0 R /Pg 20 0 R /S /P >> /P 10 0 R >> << 318 0 obj 216 0 obj /Lang (EN-GB) >> 274 0 obj >> /Pg 20 0 R As a result, there is an urgent need to address the high cost of these products which is said to have slowed down the growth of the building and construction sector in Nigeria.Building materials constitute the largest single input in housing construction. 54 0 obj /Pg 20 0 R /P 10 0 R >> endobj /P 10 0 R endobj /Pg 20 0 R >> /S /LBody << /P 10 0 R The data were sourced from the archival records (drawings, bills of quantities, project progress reports, and specifications) on the issues relating to the costs and duration of building projects. /P 450 0 R endobj /Pg 15 0 R /K 13 3. /K 73 /P 452 0 R Thank you for your detailed breakdown. How did you come about this cost per sqm for projects in Nigeria /Pg 22 0 R /Lang (EN-GB) /S /P x}7 C,jN%{hCZj4?%Hfg[d0FWwWOo7Wl~Fn6o?S_mz]}[;oo_]ovf5Nqzwmool=m|g;`R-|{6[v_C;&;-fLkfjls}H_k /S /P 192 0 R 193 0 R 194 0 R 195 0 R 196 0 R 197 0 R 198 0 R 199 0 R 200 0 R 201 0 R /Kids [14 0 R 15 0 R 16 0 R 17 0 R 18 0 R] << 64 0 R 65 0 R 66 0 R 67 0 R 68 0 R 69 0 R 70 0 R 71 0 R null null << /P 452 0 R << /Lang (EN-GB) /Pg 20 0 R /Contents 381 0 R /Lang (EN-GB) /S /P /StructParents 5 endobj This fee does not include accommodation if the project is beyond Bali, and if the job can not be completed within the time specified in the contract, will be charged extra as additional time for project completion. /Lang (EN-GB) 165 0 obj /P 10 0 R 73 0 obj There is, however, a dearth of research for this exercise. /Tabs /S >> 256 0 obj /P 510 0 R 125 0 obj /Lang (EN-GB) /Lang (EN-GB) /P 457 0 R /S /P /Pg 20 0 R /K 14 >> >> /K 61 3. << /Pg 20 0 R >> Hi Tayo, thanks for your observation. /Pg 23 0 R 197 0 obj Before composing tender bids, the cost estimates. /S /LBody /Lang (EN-GB) Schedule and cost data of building projects were accessed from randomly selected frontline quantity surveying firms in the study area. >> /S /P << << /Lang (EN-GB) 206 0 obj >> 112 0 obj /P 10 0 R /Lang (EN-GB) It is important to get approval for your building plan and obtain a building permit from the statutory authorities. 224 0 obj /S /P endobj <> /K 2 /K 1 /Pg 20 0 R /Lang (EN-GB) Copyright 2019 I CCE Online News I All Rights Reserved. /K 36 /S /P /Type /Page << endobj << /S /P endobj >> 35 0 R 36 0 R] endobj /Font << 0000001377 00000 n 270 0 R 102 0 R 271 0 R 272 0 R 273 0 R 274 0 R 275 0 R 276 0 R 277 0 R 278 0 R /MediaBox [0.0 0.0 595.2 841.92] /Pg 23 0 R >> >> /S /P /P 473 0 R /Pg 20 0 R Fee calculation for repetitive building can be tricky. /Parent 9 0 R endobj Examples of Construction Supervision Fee in a sentence. 329 0 obj << 27 0 obj 299 0 obj << >> /Pg 20 0 R "I probably come close to someone who marks up 1.67, but I know my exact costs," he says. 0000010280 00000 n These are the things you have to put to bare: 1. << << /P 10 0 R << /K 25 << >> endobj >> /P 460 0 R /P 456 0 R WCrq$PyL_@caSKR7|n| e5Rr47[.OvPLl_?\wk-:J_z-wvmJ.QsQYZ%aC1N-#,)`ZG bAq#r^'.v=`uQ.Z^e7 zO]GzRdVg~|(OGOxWqpsM$pp,HF` T5 /S /P /P 465 0 R /Resources << /A 398 0 R /Lang (EN-GB) Perform inspection and examination of all work areas and all agencies that support the implementation of the work. /Lang (EN-GB) The results revealed that the percentage of cost overruns ranged from a minimum of 5.56% with 90% project completion, and within 88% of the estimated time limit, to a maximum of 216.08% with merely 5% project completion, and within 8.3% of the estimated time limit. /S /P /P 447 0 R /K 19 >> endobj /Pg 20 0 R >> endobj >> >> 220 0 obj >> /K 6 /Tabs /S endobj 0000003362 00000 n /Type /Page /P 465 0 R There may be a tendency to apply the scale of fees to the total ETC of this project. /Lang (EN-GB) 201 0 obj endobj >> /Pg 20 0 R /Pg 20 0 R Provide instructions and guidelines that need to contractors in the execution of work in order to really take place in accordance with contract provisions. >> endobj /S /P << /K 22 << Are they safe from theft, dampness and excessive heat? /S /Table /Pg 22 0 R 162 0 obj /Subtype /Link /Lang (EN-GB) << /Lang (EN-GB) /Pg 20 0 R << /P 467 0 R 152 0 R 153 0 R 154 0 R 155 0 R 156 0 R 157 0 R 158 0 R 159 0 R 160 0 R 161 0 R >> << startxref 316 0 obj << /CropBox [0.0 0.0 595.2 841.92] /K 42 endobj << Once you understand the fee calculation for architects, you can easily apply it to that of the quantity surveyor, structural engineer, mechanical or electrical engineer. /TT6 362 0 R << 64 0 obj If you are a businessman with an approved plan, you can turn your property as collateral to obtain loan from the bank to help your business. << /Lang (EN-GB) . 0000000016 00000 n /P 10 0 R /S /P Centenary City has been declared an Economic City and approved forFree Trade Zone(FTZ) status by Nigeria Export Processing Zone Authority (NEPZA). >> endobj /Lang (EN-GB) /S /P /Lang (EN-US) /K 7 >> /K 17 null 329 0 R null null null 330 0 R null null null 331 0 R /S /P * Manage the cost of construction projects from pre-contract to post-contract stages. Answer (1 of 5): After 31 years in the business our firm has gradually moved into performing all of our projects on a cost plus a percentage fee. It has been positioned to offer the South-West zone strategic shipping market and huge job opportunity, with a high prospect of redefining the economic power of the zone. /P 423 0 R /Lang (EN-GB) endobj << endobj /K 7 217 0 obj /Pg 20 0 R /Lang (EN-US) /K 28 endobj 0000007165 00000 n endobj >> /S /P /Lang (EN-US) /K 1 167 0 obj /S /P null null null 318 0 R null null null 319 0 R null null Here are the largest construction projects in Nigeria and their value. /Pg 20 0 R >> /Lang (EN-GB) 184 0 obj H|Un0+x$%jj zAFcHver7owMS~WpQmVZi~VF CV'-. 109 0 obj >> endobj << 4 0 obj 289 0 obj >> /Lang (EN-US) >> /S /P Overseeing the provision of time and construction costs. /P 407 0 R Copyright:Copyright is transferred to the author(s) when an article is accepted for publication. When your contractor is offering you a deal that is too sweet and too generous to your purse, then you may be heading for disaster. << >> 330 0 obj /CropBox [0.0 0.0 595.2 841.92] endobj Please share this article if you liked it. /K 45 /Type /Pages 219 0 obj >> /Subtype /XML Since you never know what the future brings, the government can decide to turn your building into a road or even a seaport(you never can tell these days). >> /P 450 0 R /K 70 /K 68 /Annots [341 0 R 342 0 R] endobj << << endobj >> /P 10 0 R /Pg 21 0 R /Rotate 0 /S /P /Pg 24 0 R /Pg 14 0 R /Lang (EN-GB) These comprised schedule data on 51 public and 41 private building projects as well as cost data on 42 public and 33 private building projects. endobj /Lang (EN-GB) 57 0 obj >> /Pg 20 0 R /K 45 Set to cost $1.5 billion, the Lagos Ibadan Railway Modernisation Project is among the largest construction projects in Nigeria. /P 508 0 R 183 0 obj /P 465 0 R /P 467 0 R /S /P /RoleMap 12 0 R /Lang (EN-GB) /P 454 0 R 0000010996 00000 n /Lang (EN-GB) endobj /K 31 /S /P /StructParents 3 327 0 obj /Pg 16 0 R . >> >> 53 0 obj /ExtGState << /K 399 0 R There is so much misunderstanding about how to calculate the professional fees of architects and engineers in the building industry. >> endobj endobj 2015-10-28T20:42:17+03:00 >> << However, getting a building constructed can be very easy if you dedicate enough time to your project and follow the necessary steps to completion of your project, with proper coordination of the personnels involved. /S /P /S /P >> 72 0 obj /P 10 0 R endobj @*V1LPx} aJfHZp 4YoGGW@y`d,71DCJu;F 208 0 obj << /Lang (EN-GB) /S /P endobj /P 434 0 R /Type /Pages /Pg 15 0 R >> endobj The results revealed that the percentage of cost overruns ranged from a minimum of 5.56% with 90% project completion, and within 88% of the estimated time limit, to a maximum of 216.08% with merely 5% project completion, and within 8.3% of the estimated time limit. /Lang (EN-GB) /P 469 0 R << endobj endobj << /P 465 0 R >> endobj /K 4 /K 59 /Type /Page >> /S /LBody Happy to read your articles and to know you are now in Canada. An integral part of management is monitoring. >> /Pg 20 0 R endobj /Pg 22 0 R /Lang (EN-GB) /K 17 139 0 obj endobj /P 481 0 R /P 458 0 R /K 0 /Lang (EN-GB) 239 0 obj stream On building projects, Architects are aware they are to charge 4.75% but often wrongly apply it. /S /P << endstream << /P 456 0 R /TT2 358 0 R /P 10 0 R >> /Lang (EN-GB) /Strikeout /Span >> endobj /P 10 0 R >> /Lang (EN-US) /K 24 /K 94 /Pg 23 0 R >> /P 458 0 R /S /P << endobj /TT3 356 0 R /P 10 0 R /Filter /FlateDecode endobj 0000052497 00000 n iii) In building projects, time frame is part of what is put into when embarking on a project. Reimbursable expenses are 1% of the ETC, out of which the architect is entitled to 40% if it is a building project. These expenses add to the direct cost of a project and increase the base to which he adds markup. /K 5 /S /LBody /K 7 /Pg 20 0 R mo *=L*rP(5{ba,v8\Qv .y@*B(;lr>j%#Z#M"hIr^]uRS~2/x& >> << /Lang (EN-GB) It is a 650,000 barrels per day (bpd) integrated refinery and petrochemical project under construction in the Lekki Free Zone near Lagos, Nigeria. /K 4 /Pg 24 0 R 138 0 obj >> /S /P {x3QkSl3 //6juC5+[jWG ]2jrmZkLMZ,NEh`Yx}sx@tz_pu`d?ikez-Ugk4tK.xmWe_u u>Pn)8q]YS|;+75v>?-BmX57uX_?mI6;X'ovvlzK}_6[d /Lang (EN-GB) /K 88 /K 74 /Lang (EN-US) endobj /CropBox [0.0 0.0 595.2 841.92] endobj /Resources << 111 0 obj There can never be a fixed Price for architectural supervision. endobj /S /P >> /K 124 /S /P /Pg 18 0 R << /S /P << Work Supervision includes several aspects: To design a format that is obtained in hard copy paper is composed of A3 and A4 as an attachment to adjust the selection of the selected design package. /P 463 0 R Get a capable and reputable contractor. /K 1 /Lang (EN-GB) /Pg 15 0 R /Pg 20 0 R endobj /P 420 0 R >> 163 0 obj >> /Lang (EN-GB) }m(hQseP2WNh9 tbM]e3<>8OVr7E9O5rvVNx&tO /eb; VfLtp6pvX The core function of a builder in any construction project is Building Production Management. << 8 0 obj >> /Lang (EN-GB) How honest is he and which of his past jobs can he point to? /P 10 0 R >> /P 388 0 R Propose changes and adjustments in the field to solve problems that occur during construction work and the owner is the decision maker. /Pg 19 0 R Checking the work plan the Contractor in connection with equipment that is used, the locations of construction material sources and ensure that the nature of the material and the contract is truly meet the requirements in the specification. 4 [73 0 R 74 0 R 75 0 R null null 130 0 R null null null 131 0 R /K 29 ^(t(uwuP93Y@Iz|Ek=gh:Q\e_tEzjYb>]IWpb(('r5JG-s-LFe=5F6=&\c~T[FV=n8G~/T'{j c*koZ3sg1Qke3aBt5:xWxnu{+