Cost Report Vers:Oct 2004

ABC ENGINEERING ENTERPRISES - CONTRACT REPORT

COST SUMMARY AND CONTRACT DETAILS
CONTRACT: ABC TOWER MONTH: Jan-2007 Report no 21

revised
original cumulative to previous actual for this
contract
tender date cumulative month
TURNOVER & PROFIT forecast
Tender Value 474,500,000
Variation Orders - Agreed & Issued 70,000 VALUE
Variation Orders - Agreed & Not Issued 33,744,957
Variation Orders - In Progress 305,849,183
Anticipated Final Value 814,164,140
Anticipated Final Cost (758,975,832)
Anticipated Final Gross Profit/Loss 55,188,308 total work done 474,500,000 474,500,000 774,996,011 768,423,764 6,572,247
Tender Gross Profit 55,611,000
Gross Profit/Loss to Date 40,538,767 adjustments/ VO 339,664,140 (2,840,005) (2,840,005) 0

CONTRACT INFORMATION ADJUSTED VALUE 474,500,000 814,164,140 772,156,007 765,583,759 6,572,247

Form of Contract GMP
Payment Period 28 DAYS
Payment for Material on Site YES COST
Retention Percentage 5%
Defects Liability Period 400 DAYS Cost per ledger 418,889,000 731,617,239 727,476,190 715,501,767 11,974,423
Liquidated Damages per day 80,000
Limit of Liquidated Damages 10% adjustments 0 27,358,593 0 0 0
CAR insurance by HEE? YES
Third Party Insurance by HEE? YES s/c liability 0 0 4,141,049 9,922,355 (5,781,306)
P.I. Insurance by HEE? YES
provisions 0 0 0 0 0
COMPLETION PERIOD
Commencement Date 23-Apr-05 ADJUSTED COST 418,889,000 758,975,832 731,617,239 725,424,122 6,193,117
Contract Duration in Calendar Days 730 days
Contract Completion Date 23-Apr-07
Extended Period Granted in Calendar Days 105 days VARIANCE 55,611,000 55,188,308 40,538,767 40,159,637 379,130
Revised Completion Date 6-Aug-07 percentage variance 11.72% 6.78% 5.25% 5.25% 5.77%
Anticipated Completion Date 06-Aug-07
RISKS / OPPORTUNITY
VALUE INDICATORS VALUE:
% Completion Related to Value 94.8%
Value of Work Completed to Date 772,156,007 Refer to Portal
Avg Monthly Turnover to Date (21months) 36,769,334 COST:
Value of Work to Complete 42,008,134
Refer to Portal

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