Item 31.4.5
Considering next 9 meter boring in 0.53 x 1.1 = 0.58 day in/c depth for SPT operation
(a) Hire charge of boring rig 0.58 day @ 2100 Per day = 1218
(b) Wages for man power
(i) Foreman (1 x 50% per day x 0.58 day) 0.29 manday @ 350 each = 101.5
(ii) Rig operators
(1 x 50% per day x 0.58 day) 0.29 manday @ 300 each = 87
(iii) Helper to rig operators
(6 x 50% per day x 0.58 day) 1.74 manday @ 250 each = 435
Total = 1841.5
Profit 0.1 = 184.15
Overhead 0.035 = 64.45
= 2090.1
Add VAT with adjustment factor 1.04712 0.045 = 98.49
Grand total = 2188.59
Rate per meter = 243.18
Say, 243 .00 Per meter
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