Break Up Details (Don's use Rate, its PWD rate 2008)

1. Hire charge of rig set in/c fuel, lubricant, bentonite,
mobilization, demobilization, maintenance
and insurance coverage etc. 3 days @ 8000 Per day = 24000
2. Foreman/supervisor 3 Nos. @ 350 each = 1050
3. Skilled labour 15 Nos. @ 200 each = 3000
4. Ordinary labour 24 Nos. @ 150 each = 3600
Total = 31650
Profit 0.1 = 3165
Overhead 0.035 = 1107.75
= 35922.75
Add VAT with adjustment factor 1.04712 0.045 = 1692.69
Grand total = 37615.44
Rate per meter = 1297.08
Say, 1297 .00 Per rm
So, extra cost for each addl. 1 m boring up to 29 meter = (B-A)/9 = 46.56
Say, 47 .00 Per meter