11. (Conceptual Cost Estimate) Use the conceptual cost estimate method to estimate the total cost of...

 

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11. (Conceptual Cost Estimate) Use the conceptual cost estimate method to estimate the total cost of a 2,200 SF project to be built at Oklahoma City in 2028. The following projects are constructed in 2018 at Las Vegas. (130 Points) Project 1 2 3 45 Total Cost $147,300 $153,700 $128,100 $118,400 $135,700 Size (SF) 2,580 2,900 2,100 1,850 2,300 RS Means Cost Index Year 2019 2022 Index 223 297 Location Index Location Houston Oklahoma City Las Vegas Index 87 84 110 6 (RS Means Detailed Estimate) The following data is provided from the RS means cost guide to estimate the cost of an asphaltic concrete paving in parking lots. The asphalt pavement is made of 6 inches stone base course, 2 inches binder course, and I inch asphalt concrete. Calculate the labor hours (man hours) required per square feet (SF) pavement and the total cost to pave 150,000 SF of parking lots. Add 15% for overhead and profit in the estimate. (200 Points) CSI activity code: 32.12.16.14.00.20 Flexible Paving Daily production rate (output) = 9,000 SF/day (based on 8 hrs of work per day) Equipment 1 Asphalt Paver = $3,500 per day 1 Tandem Roller (10 tons) = $550 per day The crew involved for this activity is 1 labor foreman @ $65.00/hr 3 laborers @ $55 per hour each 1 paver operator @ $75.00/hr 1 roller operator @ $70.00/ day 11. (Conceptual Cost Estimate) Use the conceptual cost estimate method to estimate the total cost of a 2,200 SF project to be built at Oklahoma City in 2028. The following projects are constructed in 2018 at Las Vegas. (130 Points) Project 1 2 3 45 Total Cost $147,300 $153,700 $128,100 $118,400 $135,700 Size (SF) 2,580 2,900 2,100 1,850 2,300 RS Means Cost Index Year 2019 2022 Index 223 297 Location Index Location Houston Oklahoma City Las Vegas Index 87 84 110 6 (RS Means Detailed Estimate) The following data is provided from the RS means cost guide to estimate the cost of an asphaltic concrete paving in parking lots. The asphalt pavement is made of 6 inches stone base course, 2 inches binder course, and I inch asphalt concrete. Calculate the labor hours (man hours) required per square feet (SF) pavement and the total cost to pave 150,000 SF of parking lots. Add 15% for overhead and profit in the estimate. (200 Points) CSI activity code: 32.12.16.14.00.20 Flexible Paving Daily production rate (output) = 9,000 SF/day (based on 8 hrs of work per day) Equipment 1 Asphalt Paver = $3,500 per day 1 Tandem Roller (10 tons) = $550 per day The crew involved for this activity is 1 labor foreman @ $65.00/hr 3 laborers @ $55 per hour each 1 paver operator @ $75.00/hr 1 roller operator @ $70.00/ day

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To estimate the total cost of the 2200 SF project in Oklahoma City in 2028 using the conceptual cost estimate method we can use the RS Means Cost Index and Location Index to adjust the costs of the si... View the full answer