Block 7, Cambridge Subdivision, Harvard St, Xavier St, Cagayan de Oro, 9000 Misamis Oriental
ORIGINAL COST ESTIMATE
Project Name: The Patio Renovation
Location: Indahag, Cagayan de Oro City
Client: Rex “The Patio”
Total Floor Area: 412 sqm
Prepared By: JMG DESIGN AND BUILD
Date: November 14, 2024
PROJECT OVERVIEW
This proposal outlines the renovation and extension of a 412 sqm property at The Patio in Indahag, Cagayan de Oro City. The scope includes the second-floor office area, third-floor family area, and roof deck. This design prioritizes efficient workflow layouts, modern aesthetics, and lightweight construction, ensuring cost-effectiveness and structural integrity for potential future expansions.
COST BREAKDOWN
1. Phase 1: Planning & Mobilization
Covers pre-construction activities, including permits, initial documentation, and site preparation.
| Item | Quantity | Unit Cost (PHP) | Subtotal (PHP) |
|---|---|---|---|
| Building Permits | 1 lot | 300,000 | 300,000 |
| Initial Documentation | 1 lot | 200,000 | 200,000 |
| Subtotal | 500,000 |
2. Phase 2: Construction
2nd Floor – Office Area
Industrial design for 20 employees with layouts optimizing workflow efficiency.
| Item | Quantity | Unit Cost (PHP) | Subtotal (PHP) |
|---|---|---|---|
| Prefabricated Materials | 1 lot | 800,000 | 800,000 |
| Lighting & Fixtures | 1 lot | 300,000 | 300,000 |
| Labor Costs | 1 lot | 900,000 | 900,000 |
| Subtotal | 2,000,000 |
3rd Floor – Family Area
A family space including three bedrooms and glass partitions for an open yet private aesthetic.
| Item | Quantity | Unit Cost (PHP) | Subtotal (PHP) |
|---|---|---|---|
| Glass Dividers | 1 lot | 500,000 | 500,000 |
| Lightweight Panels | 1 lot | 600,000 | 600,000 |
| Labor Costs | 1 lot | 700,000 | 700,000 |
| Subtotal | 1,800,000 |
Roof Deck
Guest rooms, a partially covered roof, and an open lounge area for gatherings.
| Item | Quantity | Unit Cost (PHP) | Subtotal (PHP) |
|---|---|---|---|
| Prefab Roofing | 1 lot | 300,000 | 300,000 |
| Structural Work | 1 lot | 400,000 | 400,000 |
| Lounge Materials | 1 lot | 200,000 | 200,000 |
| Labor Costs | 1 lot | 100,000 | 100,000 |
| Subtotal | 1,000,000 |
3. Phase 3: Finishing & Turnover
Final touches, including cleaning, quality inspections, and project handover.
| Item | Quantity | Unit Cost (PHP) | Subtotal (PHP) |
|---|---|---|---|
| Cleaning & Finishing | 1 lot | 150,000 | 150,000 |
| Final Inspections | 1 lot | 200,000 | 200,000 |
| Quality Assurance | 1 lot | 150,000 | 150,000 |
| Subtotal | 500,000 |
TOTAL PROJECT COST
| Phase | Total (PHP) |
|---|---|
| Planning & Mobilization | 500,000 |
| Construction | 4,800,000 |
| Finishing & Turnover | 500,000 |
| Grand Total | 5,800,000 |
TERMS & CONDITIONS
- Payment Terms:
- 30% down payment upon contract signing.
- Remaining balance to be paid in milestone-based installments.
- Timeline:
- Planning & Mobilization: 2 weeks.
- Construction: 3 months.
- Finishing & Turnover: 2 weeks.
- Warranty:
- Includes a 1-year warranty for structural integrity and workmanship.
- Exclusions:
- Luxury finishes or significant structural modifications outside the project scope.
- Costs incurred due to client-initiated changes or unforeseen circumstances.
NEXT STEPS
- Approval: Confirm acceptance of this estimate by signing below.
- Kick-Off Meeting: Schedule a session to finalize project details and timelines.
Client Approval:
Signature: ____________________________
Date: _________________________________