Submitted on XXXX and official certification received Variation Submitted XXXX through ECC letter ref: XXXX dated XXXX with AED XXXX TOTAL CLAIMED AND APPROVED - Should not exceed 60% from total Selling Price of the 1 Material Cost (<60%) concern Variation (Ideal 50%) 2 Manual Labour - ELEC (38%) Around 38% from Material 3 Manual Labour - PL (38%) Around 38% from Material 4 Manual Labour - HAVC (25%) Around 25% from Material 5 Non Manual Labour (22%) 22% from Material 6 Subcontract Use the actual figures from the Subcontractors 7 Tools (1%) 1% from Material 8 Site Office Overhead (6%) 6% from Material 9 Engineering (6%) 6% from Material 10 Guaranteed (1.5%) 1.5% from Material TOTAL DIRECT COST - 11 Main Office Overhead (12.5%) - 12 Profit (Markup) - NET SELLING PRICE - 13 Front Loading (10%) - FINAL NET SELLING PRICE - 65 m 352 m x 100.29269 35,303.03 485,000.00 150 m 1943 m y 231.44469 449,697.04 215 2295 485000