Premium Villas Project

Complete Cost Summary

1. Material Costs

Construction Materials

Material Quantity Unit Rate (₦) Total (₦)
9 inches blocks2,0167001,411,200
6 inches blocks368580213,440
Cement3589,5003,401,000
Granite number 35010,700535,000
Sharp sand535,000175,000
Planks1042,700280,800
2x3 wood3090027,000
3 inches nails327,00081,000
2 inches nails227,00054,000
Bending wire2.512,00030,000
Subtotal 6,208,440

Reinforcement Materials

Material Quantity Unit Rate (₦) Total (₦)
16 mm rods1820,500369,000
12 mm rods3810,800410,400
10 mm rods768,500646,000
8 mm rods465,500253,000
Chipping half inches209,500190,000
Stone dust145,00045,000
Plastering sand240,00080,000
Marine board163,20051,200
Concrete nails415,00060,000
Subtotal 2,104,600
Total Materials Cost 8,313,040
20% Contingency Fee 1,662,608
TOTAL MATERIAL COST 9,975,648

2. Labour Costs

Description Amount (₦)
Fence Reinforcement Labour525,000
Gatehouse Labour1,646,000
Burglary Fence Labour300,000
TOTAL LABOUR COST 2,471,000

3. Other Project Costs

Description Amount (₦)
Burglary Fence Materials700,000
Site Leveling Balance1,200,000
Subtotal 1,900,000

Grand Total Project Cost

Cost Category Amount (₦)
Materials + Contingency9,975,648
Labour2,471,000
Other Costs1,900,000
GRAND TOTAL PROJECT COST 14,346,648

Note: This total represents the complete estimated cost including materials, labour, and contingency fees. All amounts are in Nigerian Naira (₦).