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Approximate Estimating

A range of rates for construction facility types has been provided in the following table. These generally reflect approximate prices for building costs on a unit area basis and can only be considered as a guide to likely costs for the indicated construction facility. In some cases prices for buildings not commonly available in the country are also given in an attempt to provide the reader with an estimated likely cost of construction. The rates allow for all base construction costs and also include for typical on costs, preliminaries and general items. Feasibility studies that make use of these rates should take into account any project specific costs. These considerations would need to address such items as the general condition of the site, site access and general location, availability of resources and the like. Each project would be unique in this respect and any addition that may have an adverse effect on typical anticipates costs. Important The unit area values should be applied to the total floor area of all storeys and generally include for average preliminary and on-costs. They do not include professional fees or capital costs, such as land purchase. No allowance has been made for value added tax. All rates should be treated with caution in any projections and professional advice should be sought before predicted cost calculations are concluded. All prices shown are as current in 3Q 2010 Facility type Multi stories car parks Petro station Airport terminal building Sorting offices Refuse depots Stable and the like Factories Purpose build workshop Warehouses Town halls Law courts Offices QR/M2 1505.00 8200.00 8719.00 4019.00 2464.00 3905.00 2723.00 3428.00 2519.00 5982.00 7303.00 5699.00

Bank/Building Societies Retail/Warehouses Shopping centers Department Stores Hypermarkets/Supermarkets Shops Stadia Pavilions and sports clubs Religious building Schools Colleges Universities Research facilities Laboratories Exhibition builders Public libraries Flats Housing detached Hotels Halls of residence Fire station Police stations Closed prisons Hospitals Intensive care Health centers Nursing Homes Homes for the elderly

7393.00 2375.00 3721.00 4611.00 4452.00 3468.00 5286.00 5168.00 5977.00 5168.00 5038.00 6151.00 7219.00 7174.00 7756.00 5714.00 3850.00 5520.00 5510.00 5520.00 6638.00 6886.00 7621.00 7373.00 7120.00 4884.00 5281.00 4735.00

Day centers Veterinary hospitals Restaurant Theatres Cinemas Clubs Covered swimming pools Sports centers excluding pools Sports Halls Gymnasia

5724.00 6320.00 7229.00 5281.00 6086.00 4730.00 8920.00 4631.00 4268.00 6394.00

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