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Create a basic construction budget model in include the below components. What is the construction Cost? How much is the purchasing Agent Fee $ ?

Create a basic construction budget model in include the below components.

What is the construction Cost?

How much is the purchasing Agent Fee $ ?

Construction

$1,000,000

Construction OH&P, Insurance

6% of Construction Costs

Pre-Opening Marketing

$20,000

Pre-Opening Labor

5 Staff, $100/hour, 6 months

FF&E- Case goods

$150,000

FF&E- Wallcovering

$20,000

FF&E- Carpet

$10,000

FF&E- Window Coverings

$5,000 materials, $1,000 install

FF&E- Purchasing Fee

4% of FF&E Costs (note: do not include IT costs or Warehouse/Tax/Freight in subtotal FF&E Costs for this calculation)

FF&E- Warehouse, Tax, Freight

21% of FF&E Costs (use same calculation as above for subtotal FF&E costs and do not include Purchasing Fee)

IT Cabling

$100,000

IT Equipment

$50,000

Project Management

4% of Construction Costs

Permits

$75,000

Legal Fees

$160,000

MEP Engineer Fees

$25,000

MEP Engineer Reimbursable

$5,000

Architect Fees

$50,000

Architect Reimbursable

$25,000

Contingency

10% of Construction + FF&E (include IT with FF&E) + Professional Fees

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