and calculate the total project cost as well
mary budget for approval by the Board of 10. The University of Alabama considers building a new reside bama considers building a new resident hall to accommodate its growing enrollment. You are tasked with developing a preliminary budget for approval by the Trustees. The information is as follows: Gross square area: 160,000 SF Design features: 5-6 story high, reinforced concrete structure, with face brick on exterior Construction start date: Jan. 2021 Estimating method for construction: RS Means Square Foot Costs (the page for Jan. 2020 provided) Annual inflation rate: 5% Building Cost Index reported in 2020: National -6000; Birmingham/Tuscaloosa - 4500 Additional cost items: o $500k for Utilities o $100k for Landscaping o $500k for Telecommunication o 5% as Contingency (based on construction, landscaping, and utilities) 4% for Architect/ Engineer Fee (based on construction, and utilities) o 2% for UA Project Management Fee (based on construction, landscaping, utilities, and contingency) o $200k for Geotechnical and Materials Testing o $50k for Other Fees (adverting, printing) INSTITUTION INDUSTRIAL/ M. 140 College, Dormitory, 4-8 Ster Costs per square feet of floor area SE 2 0000 3 5000 65000 3300110000 10000 10(a) Calculate the unit cost ($/sf) for construction as adjusted for project location and time (10-point) mary budget for approval by the Board of 10. The University of Alabama considers building a new reside bama considers building a new resident hall to accommodate its growing enrollment. You are tasked with developing a preliminary budget for approval by the Trustees. The information is as follows: Gross square area: 160,000 SF Design features: 5-6 story high, reinforced concrete structure, with face brick on exterior Construction start date: Jan. 2021 Estimating method for construction: RS Means Square Foot Costs (the page for Jan. 2020 provided) Annual inflation rate: 5% Building Cost Index reported in 2020: National -6000; Birmingham/Tuscaloosa - 4500 Additional cost items: o $500k for Utilities o $100k for Landscaping o $500k for Telecommunication o 5% as Contingency (based on construction, landscaping, and utilities) 4% for Architect/ Engineer Fee (based on construction, and utilities) o 2% for UA Project Management Fee (based on construction, landscaping, utilities, and contingency) o $200k for Geotechnical and Materials Testing o $50k for Other Fees (adverting, printing) INSTITUTION INDUSTRIAL/ M. 140 College, Dormitory, 4-8 Ster Costs per square feet of floor area SE 2 0000 3 5000 65000 3300110000 10000 10(a) Calculate the unit cost ($/sf) for construction as adjusted for project location and time (10-point)
