Total Marks 15

The direct cost and progress payments of a project are shown below in Table Q3 - 2. The indirect cost of the project may be taken as RO 7,500 per month. The progress payment is received at the end of every month

Calculate the following:

1. Contractors cash flow statement
2. the overdraft requirement for each month

Table Q3-2

Month	Direct cost (RO),000	Progress Payment Cost (RO), 000
January	45
February	42	65
March	40	52
April	38	41
May	45	46
June	52	48
July	48	47
August	42	55
September	48	54
October		52