Download - Cost Forecast FW
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7/28/2019 Cost Forecast FW
1/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 101 - Main Civils SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Preliminaries - Original Contract 24,013,261 24,013,261 24,013,261 - 24,013,261 24,013,261
Preliminaries - EOT - Feb 08 to Nov 08 10,900,000 10,900,000 10,900,000 - 10,900,000 10,900,000Preliminaries - EOT - Dec 08 to Mar 09
Preliminaries - EOT - Mar 09 to Aug 09 4,080,510 4,080,510 4,080,510 - 4,080,510 4,080,510
Preliminaries - EOT - Aug 09 285,000 285,000 285,000 - 285,000 285,000
- EOT - Sep 09 850,000 850,000 850,000 850,000 850,000
- EOT - Oct 09 500,000 500,000 500,000 500,000 250,000 750,000
Measured Works - AFC measure account 198,000,000 198,000,000 198,000,000 - 198,000,000 198,000,000
Incentives to complete Aug 18, 09 7,000,000 7,000,000 7,000,000 - 7,000,000 7,000,000
FI's agreed and closed (FVO's) 101,112,273 101,112,273 101,112,273 - 101,112,273 101,112,273
FI's raised and open (FW estimates) 17,605,442 17,605,442 17,605,442 - 17,605,442 17,605,442
FI's contingency on raised FI's with 200% trend
increase per received SBG costs 35,210,884 - 35,210,884 35,210,884 35,210,884 35,210,884
Future FI Allowance 5,000,000 - 5,000,000 5,000,000 5,000,000 5,000,000
FORECAST SAR 404,557,370 222,013,261 142,333,225 364,346,486 - 35,210,884 5,000,000 - 40,210,884 404,557,370 250,000 404,807,370
107,948,632
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 101 SBG Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
2/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 104 - Substation/Utility Bldgs SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Original Contract - Substation & RIBPreliminaries 4,094,362 4,094,362 4,094,362 - 4,094,362 4,094,362
Substation 30 15,428,112 15,428,112 15,428,112 - 15,428,112 15,428,112Substation 31 19,508,295 19,508,295 19,508,295 - 19,508,295 19,508,295
RIB 9,897,115 9,897,115 9,897,115 - 9,897,115 9,897,115
Amendment 1 - Lump Sum (Carcass)
Metering Buildings & Firewarer CP Building 5,850,000 5,850,000 5,850,000 - 5,850,000 5,850,000
FVO's
FVO 9 - HVAC work Aramco Metering Skid 912,000 912,000 912,000 - 912,000 912,000
FVO 27 - HVAC changes to Utility Bldgs 1,663,500 1,663,500 1,663,500 - 1,663,500 1,663,500
FVO 39 - Additional prelims (6 months) 1,950,000 1,950,000 1,950,000 - 1,950,000 1,950,000
All other FVO's 38,508,312 38,508,312 38,508,312 - 38,508,312 38,508,312
Field Instructions (raised not closed out)
113 FI's to end July 09 10,407,590 - 10,407,590 10,407,590 10,407,590 2,081,518 12,489,108
Additional Instrument Work 2,276,317 2,217,316 2,217,316
Future Field Instruction allowance
Aug 09 1,000,000 - 1,000,000 1,000,000 1,000,000 200,000 1,200,000
Sep 09 750,000 - 750,000 750,000 750,000 150,000 900,000
Oct 09 500,000 - 500,000 500,000 500,000 100,000 600,000
Extension of Time
Mar 08 to Jul 09 (17 months at SAR 325,000) 5,525,000 5,525,000 5,525,000 - 5,525,000 5,525,000
LESS 6 months included in FVO 39 above 1,950,000- 1,950,000- 1,950,000- - 1,950,000- 1,950,000-
EOT Aug 09 to Oct 09 975,000 975,000 975,000 975,000 325,000 1,300,000
FORECAST SAR 117,295,603 48,927,884 52,458,812 101,386,696 - 13,632,590 - - 13,632,590 115,019,286 5,073,834 120,093,120
FORECAST US$ 31,278,827 13,047,436 13,989,017 27,036,452 - 3,635,357 - - 3,635,357 30,671,810 1,353,022 32,024,832
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 104 AGC Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
3/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 107 - PAR Works SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
G
Preliminaries - Following descope in Feb 2007 29,000,000 29,000,000 29,000,000 - 29,000,000 29,00
AFC Measure Works (agreed)
Erection of PAR steel 9,178,124 9,178,124 9,178,124 - 9,178,124 9,17
Transportation & installation PAR's 20,131,729 20,131,729 20,131,729 - 20,131,729 20,13
Stick built steel 2,841,121 2,841,121 2,841,121 - 2,841,121 2,84
Pipe fabrication & installation 43,809,425 43,809,425 43,809,425 - 43,809,425 43,80
Electrical work 33,646 33,646 33,646 - 33,646 3
Insulation (materials & installation) 6,920,103 6,920,103 6,920,103 - 6,920,103 6,92
Painting 5,111,083 5,111,083 5,111,083 - 5,111,083 5,1
Descope Claim Settlement
Suspensions 200,000 200,000 200,000 - 200,000 20
Standby 2,335,000 2,335,000 2,335,000 - 2,335,000 2,33
Painting 1,465,000 1,465,000 1,465,000 - 1,465,000 1,46
Insulation material purchase - - - - -
Electrical material purchase 4,000,000 4,000,000 4,000,000 - 4,000,000 4,00
FVO's Agreed
Various FI's 5,477,903 5,477,903 5,477,903 - 5,477,903 5,47
Flagmen 248,590 248,590 248,590 - 248,590 248,590-
Pre-commissioning 159,760 159,760 159,760 - 159,760 15
Service to MMG 4,461,747 4,461,747 4,461,747 - 4,461,747 4,46Commissioing support to FW 10,352,256 10,352,256 10,352,256 - 10,352,256 10,35
FI's raised (132 to close out)
Various FI's (incl SAR 2.3m scaffolding) 8,192,921 - 8,192,921 8,192,921 8,192,921 2,300,000- 5,89
Flagmen 292,800 - 292,800 292,800 292,800 292,800-
Service to MMG - - - - -
Pre-commissioning 434,240 - 434,240 434,240 434,240 43
Commissioning support to FW 1,276,300 - 1,276,300 1,276,300 1,276,300 1,27
Future FI allowanceAugust 2,500,000 - 2,500,000 2,500,000 2,500,000 2,50
September 1,250,000 - 1,250,000 1,250,000 1,250,000 1,25
October 750,000 - 750,000 750,000 750,000 75
Ethylene Line re-installation 9,000,000 9,000,000 9,000,000 - 9,000,000 9,00
EOT Claim Sept 07 to Dec 08 7,500,000 - 7,500,000 7,500,000 7,500,000 22,045,000 29,54
EOT Claim Jan 09 to Oct 09 (less 2 months) 2,000,000 - 2,000,000 2,000,000 2,000,000 2,00
FORECAST SAR 178,921,748 117,025,231 37,700,256 154,725,487 - 10,196,261 4,500,000 9,500,000 24,196,261 178,921,748 19,203,610 198,12
FORECAST US$ 47,712,466 31,206,728 10,053,402 41,260,130 - 2,719,003 1,200,000 2,533,333 6,452,336 47,712,466 5,120,963 52,83
COMMITMENT ALLOWANCE FOR DEVELOPMENT
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7/28/2019 Cost Forecast FW
4/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 110 - Cooling Tower Civils SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Original Contract Works - AFC MeasuresPreliminaries 15,386,277 15,386,277 15,386,277 - 15,386,277
Cooling water pipelines 14,049,525 14,049,525 14,049,525 - 14,049,525Equipment foundations 14,424,430 14,424,430 14,424,430 - 14,424,430
N/S Piperack foundations - - - - -
Cooling water manifold piperack foundations 2,015,339 2,015,339 2,015,339 - 2,015,339
Closed cooling water tank foundations 846,884 846,884 846,884 - 846,884
Shelters & Bunded area 304,880 304,880 304,880 - 304,880
Roads and pavings 4,508,820 4,508,820 4,508,820 - 4,508,820
Cable trenches 4,504,197 4,504,197 4,504,197 - 4,504,197
Substation 38 13,343,121 13,343,121 13,343,121 - 13,343,121
Firemain - - - - -
Waste water oily drainage 4,014,104 4,014,104 4,014,104 - 4,014,104
Outstanding measure items to be agreed 1,217,515 - 1,217,515 1,217,515 1,217,515
Field Variation Orders
Closed out Field Instructions 6,128,096 6,128,096 6,128,096 - 6,128,096
FVO 20 Unloading materials at DSA laydown 130,120 130,120 130,120 - 130,120
FVO Provision of laydown area 100,000 100,000 100,000 - 100,000
Field Instructions raised not closed - - - -
FI allowance to completion - - - -
Backcharge - Exchanger foundations 1,503,859- 1,503,859- 1,503,859- - 1,503,859-
FORECAST SAR 79,469,449 73,397,577 4,854,357 78,251,934 1,217,515 - - - 1,217,515 79,469,449 - 79,469,449
FORECAST US$ 21,191,853 19,572,687 1,294,495 20,867,182 324,671 - - - 324,671 21,191,853 - 21,191,853
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 110 DSA Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
5/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 112 - EG DRUM Fill Building SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Original Contract Works Lump SumPreliminaries 4,307,070 4,307,070 4,307,070 - 4,307,070 4,307,070
Lump Sum remaining works 9,186,723 9,186,723 9,186,723 - 9,186,723 9,186,723
Field Variation Orders
FI's 1 thru 34 agreed and closed out 2,563,944 2,563,944 2,563,944 - 2,563,944 2,563,944
Field Instructions
Raised/not agreed (4nr at end July 09) 21,000 - 21,000 21,000 21,000 21,000
Future FI allowance:
Aug 09 20,000 - 20,000 20,000 20,000 25,000 45,000
Sep 09 10,000 - 10,000 10,000 10,000 25,000 35,000
CREDIT - For demolition of exist ing DF Building 10,000- - 10,000- 10,000- 10,000- 10,000-
Extension of Time Claim
Nov 07 to Jun 08 - no costs claimed - - - - -
Jul 08 to Jul 09 2,000,000 - 2,000,000 2,000,000 2,000,000 2,500,000 4,500,000
Aug 09 50,000 - 50,000 50,000 50,000 - 50,000
Sep 09 50,000 - 50,000 50,000 50,000 - 50,000
FORECAST SAR 18,198,737 13,493,793 2,563,944 16,057,737 10,000- 21,000 30,000 2,100,000 2,141,000 18,198,737 2,550,000 20,748,737FORECAST US$ 4,852,997 3,598,345 683,718 4,282,063 2,667- 5,600 8,000 560,000 570,933 4,852,997 680,000 5,532,997
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 112 ARCON Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
6/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 113 - Main Mechanical E & I SAR MeasureFVO's /
AmendmentsTOTAL Measure FI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Preliminaries - Original Contract incl incl - incl - -
Original Contract 102 & 111 converted to 555,000,000 555,000,000 555,000,000 - 555,000,000 - 555,000,000LUMP SUM
Amendment No 1 Agreement for milestones 200,000,000 200,000,000 200,000,000 - 200,000,000 - 200,000,000
Field Variation Orders
Field Instructions 11,121,788 11,121,788 11,121,788 - 11,121,788 - 11,121,788
Backcharges for use of labour provided by ARCC,
SBG, NSH, and Bilfal 11,673,781- 11,673,781- 11,673,781- - 11,673,781- - 11,673,781-
Outstanding FI agreements in FI's 0 to 640 3,500,000 - 3,500,000 3,500,000 3,500,000 7,818,579 11,318,579
Field Instructions 640 to 1610 - FW assessed 14,239,923 - 14,239,923 14,239,923 14,239,923 5,492,302 19,732,225
FI's 1611 to 1733 - FI estimated by FW 3,504,261 - 3,504,261 3,504,261 3,504,261 1,345,739 4,850,000
Claim items raised by MMG for various items
mainly known prior to agreement of first Lump Sum. 500,000 - 500,000 500,000 500,000 13,234,089 13,734,089
-
Future FI allowance 5,000,000 - 5,000,000 5,000,000 5,000,000 5,000,000
BACKCHARGES for Lost/Damaged materials - ? ?
FORECAST SAR 781,192,191 755,000,000 551,993- 754,448,007 - 21,244,184 5,000,000 500,000 26,744,184 781,192,191 27,890,709 809,082,900
FORECAST US$ 208,317,918 201,333,333 147,198- 201,186,135 - 5,665,116 1,333,333 133,333 7,131,782 208,317,918 7,437,522 215,755,440
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 113 MMG Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
7/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 212 - Engineering Metering Skids SAR MeasureFVO's /
AmendmentsTOTAL
Measure /
AmendmentFI's raised Future FI's Claims Total Forecast Further RISK
GRAND
TOTAL
Original Contract Works Lump SumProduction of Engineering Package all work 2,298,350 2,298,350 2,298,350 - 2,298,350
Production of purchase requisitions 951,340 951,340 951,340 - 951,340Production of all drawings/documents for work 951,340 951,340 951,340 - 951,340
Technical support for equipment & materials 475,670 475,670 475,670 - 475,670
Geotechnical Survey (not carried out) - - - - -
Inspection Services 908,250 908,250 908,250 - 908,250
Travel Expenses (Prov Sum) 174,000 174,000 174,000 - 174,000
Technical Verifications 1,878,750 1,878,750 1,878,750 - 1,878,750
Site commissioning & engineering 429,000 429,000 429,000 - 429,000
Amendment 1 - Functional Loop Checking 1,500,000 520,900 520,900 979,100 979,100 1,500,000
Sep 09
FVO's - none issued - - - - -
Field Instructions - none issued - - - - -
Future FI allowance - - - - -
FORECAST SAR 9,566,700 8,066,700 520,900 8,587,600 979,100 - - - 979,100 9,566,700 - 9,566,700
FORECAST US$ 2,551,120 2,151,120 138,907 2,290,027 261,093 - - - 261,093 2,551,120 - 2,551,120
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 212 KENTZ Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
8/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract 215/2496 - Specialist Pre-Comm Services US$ MeasureFVO's /
AmendmentsTOTAL
Measure /
AmendmentFI's raised Future FI's Claims Total Forecast Further RISK
GRAN
TOTA
Payments (see attached sheet for details)Jul to Sep 08 282,217 282,217 282,217 - 282,217 282,217
Oct 08 525,475 525,475 525,475 - 525,475 525,475Nov 08 533,016 533,016 533,016 - 533,016 533,016
Dec 08 442,819 442,819 442,819 - 442,819 442,819
Jan 09 511,026 511,026 511,026 - 511,026 511,026
Feb 09 590,940 590,940 590,940 - 590,940 590,940
Mar 09 1,162,368 1,162,368 1,162,368 - 1,162,368 1,162,368
Apr 09 1,134,332 1,134,332 1,134,332 - 1,134,332 1,134,332
May 09 1,768,195 1,768,195 1,768,195 - 1,768,195 1,768,195
Jun 09 2,007,682 2,007,682 2,007,682 - 2,007,682 2,007,682
Forecast Future Costs
Jul 09 2,270,000 - 2,270,000 2,270,000 2,270,000 2,270,000
Aug 09 1,719,000 - 1,719,000 1,719,000 1,719,000 1,719,000
Sep 09 1,412,500 - 1,412,500 1,412,500 1,412,500 1,412,500
Oct 09 1,115,000 - 1,115,000 1,115,000 1,115,000 1,115,000
Nov 09 500,000 500,000
Mob/Demob 150,000 75,000 75,000 75,000 75,000 150,000 150,000
FORECAST US$ 15,624,570 9,033,070 - 9,033,070 6,591,500 - - - 6,591,500 15,624,570 500,000 16,124,570
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office 215 ANABEEB Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
9/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
Contract - NSH Manpower Supply and Work Packs US$ MeasureFVO's /
AmendmentsTOTAL
Measure /
AmendmentFI's raised Future FI's Claims Total Forecast Further RISK
GRAN
TOTA
Payments (see attached sheet for details)Jul to Sep 08 282,217 282,217 282,217 - 282,217 282,217
Oct 08 525,475 525,475 525,475 - 525,475 525,475Nov 08 533,016 533,016 533,016 - 533,016 533,016
Dec 08 442,819 442,819 442,819 - 442,819 442,819
Jan 09 511,026 511,026 511,026 - 511,026 511,026
Feb 09 590,940 590,940 590,940 - 590,940 590,940
Mar 09 1,162,368 1,162,368 1,162,368 - 1,162,368 1,162,368
Apr 09 1,134,332 1,134,332 1,134,332 - 1,134,332 1,134,332
May 09 1,768,195 1,768,195 1,768,195 - 1,768,195 1,768,195
Jun 09 2,007,682 2,007,682 2,007,682 - 2,007,682 2,007,682
Forecast Future Costs
Jul 09 2,270,000 - 2,270,000 2,270,000 2,270,000 2,270,000
Aug 09 1,719,000 - 1,719,000 1,719,000 1,719,000 1,719,000
Sep 09 1,412,500 - 1,412,500 1,412,500 1,412,500 1,412,500
Oct 09 1,115,000 - 1,115,000 1,115,000 1,115,000 1,115,000
Nov 09 500,000 500,000
Mob/Demob 150,000 75,000 75,000 75,000 75,000 150,000 150,000
FORECAST US$ 15,624,570 9,033,070 - 9,033,070 6,591,500 - - - 6,591,500 15,624,570 500,000 16,124,570
COMMITMENT ALLOWANCE FOR DEVELOPMENT
151883849.xls.ms_office NSH Printed: 6/14/2013
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7/28/2019 Cost Forecast FW
10/10
Eastern Petrochemical Company
SHARQ 3rd Expansion Project
COST FORECAST - end July 2009
NSH Payments HISTORY and projected Final Account
Payment
CertPeriod Mandays Cost $
Cost / Manday
$Equipment Materials
Sub
ContractorsScaffolding
Site
EstablishmentTOTAL
1 Jul to Sep 08 819 137,593 168.0 - - - - - 137,593
2 Oct 08 2,533 417,984 165.0 - - - - - 417,984
3 Oct-08 675 107,491 159.2 - - - - - 107,4914 Sep 08 949 144,624 152.4 - - - - - 144,624
5 Nov 08 3,322 533,016 160.5 - - - - - 533,016
6 Dec 08 2,779 443,785 159.7 - - - - - 443,785
7 Jan-09 3,037 511,026 168.3 - - - - - 511,026
8 Feb-09 2,221 496,432 223.5 72,431 16,742 - 672 75,000 661,277
8 Mar-09 4,815 785,725 163.2 251,678 21,251 19,761 8,953 75,000 1,162,368
9 Apr-09 4,898 776,689 158.6 267,737 391 1,570 12,945 75,000 1,134,332
9 Dec-08 966- 966-
9 Feb-09 65,000- 5,337- 70,337-
10 May-09 7,614 1,123,840 147.6 430,826 80,148 7,180 47,451 78,750 1,768,19511 Jun-09 8,730 1,273,988 145.9 519,578 47,782 9,152 78,432 78,750 2,007,682
Jul-09 1,350,000 650,000 80,000 10,000 100,000 80,000 2,270,000
Aug-09 1,000,000 500,000 50,000 9,000 80,000 80,000 1,719,000
Sep-09 850,000 400,000 25,000 7,500 50,000 80,000 1,412,500
Oct-09 750,000 250,000 10,000 5,000 25,000 75,000 1,115,000
Mob (not claimed) 75,000
Demob 75,000
15,624,570
151883849.xls.ms_office NSH PAYMENTS Printed: