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The cost estimate for the construction of a 20 stories residential building is based on the followings: 1) If a 10 % bid bond is

The cost estimate for the construction of a 20 stories residential building is based on the followings:
1) If a 10 % bid bond is required for this Design/Build project ,
a. Determine the required bid bond value in (Dhs).
b. When shall it be submitted to the client?
c. When will it be returned to the contractor?
2) If a 5% performance bond is required for this Design/Build project,
a. Determine the required performance bond value in (Dhs).
b. When shall it be submitted to the client?
c. When will it be returned to the contractor?
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The cost estimate for the construction of a 20 stories residential building is based on the followings: Cost of Preliminaries The cost estimate for the construction of a 20 stories residential building is based on the followings: Cost of Preliminaries Lump Sun Cost Item No Description (Dhs) 1 Building Permit Fees 330.000 140.000 Soil Investigations 530.000 3 Electricity Connection to Municipality Network 4 Electrical Sub-station Cables 3200.000 200,000 Sewers Connection to municipality network 6 Furnishing and installation of water & Electricity meters 40.000 800.000 7 Design and supervision Cost of Construction Cost of Construction Floor Type of Area per No. of Estimated Construction Unit Cost No Occupancy floor (m Floor Structure Finishing MEP Work (Dhs/m' (Dhs/m (Dhs/floor) G-1 Entrances. Utilities 525 1 330 750 60,000 F1 to F2 Parking Garages 525 2 3300 250 42000 108000 F3 to Residential Floors F19

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