Item 31.5.2
Considering 6 points SPT execution in 0.44 day
(i) Foreman
(1 x 30% per day x 0.44 day) 0.13 manday @ 350 each = 45.5
(ii) Rig operators
(1 x 30% per day x 0.44 day) 0.13 manday @ 300 each = 39
(iii) Helper to rig operators
(6 x 30% per day x 0.44) 0.79 manday @ 250 each = 197.5
(iv) Incidental, sundries etc. L.S. = 22.5
Total = 304.5
Profit 0.1 = 30.45
Overhead 0.035 = 10.66
= 345.61
Add VAT with adjustment factor 1.04712 0.045 = 16.29
Grand total = 361.9
Rate per point = 60.32
Say, 60 .00 Per point
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