Project: Apartment project

Employer: TayLand Development Sdn Bhd

Contractor: PPBuilders Sdn Bhd

1.0 Original Contract Sum RM47,700,000.00

2.0 Less: P.C & Provisional Sums RM7,870,000.00

Total Builder's works RM39,830,000.00

3.0 Add: Variation works (V.O. Nos 1-4)

Total Additions 1,800,000.00RM

Total Omissions 1,196,000.00RM

Nett Additions 604,000.00RM RM604,000.00

RM40,434,000.00

4.0 Add: NSCs' final account

4.1 Lift Services 1,500,000.00RM

4.2 Air Conditioning Services 1,000,000.00RM

4.3 Electrical Services 2,100,000.00RM

4.4 Entrance Porch 1,050,000.00RM

5,650,000.00RM RM5,650,000.00

4.5 Profit and Attendance

a. Profit @ 2% of RM5,650,000.00 113,000.00RM

b. Attendance @ lump sum 111,000.00RM

224,000.00RM RM224,000.00

5.0 Contractual claims:

5.1 Loss and Expense 10,000.00RM

10,000.00RM RM10,000.00

FINAL CONTRACT VALUE RM46,318,000.00

STATEMENT OF FINAL ACCOUNT

SUMMARY OF ORIGINAL CONTRACT SUM

Item Description Omission Addition Nett Addition/

(RM) (RM) Omission (RM)

1 Preliminaries 2,250,000.00 2,250,000.00

2 Building Works 31,450,000.00 31,450,000.00

3 Local Infrastructure Works 6,130,000.00 6,130,000.00

4 P.C. and Provisional Sums 7,870,000.00 7,870,000.00

47,700,000.00 - 47,700,000.00

TOTAL CARRIED TO

STATEMENT OF FINAL ACCOUNT

SUMMARY OF VARIATION WORKS

Variation Description Omission Addition Nett Addition/

Item (RM) (RM) Omission (RM)

VO/1 Changes of toilet layout to suit 200,000.00 300,000.00 100,000.00

Employer's requirements

VO/2 New lift lobby at entrance - 400,000.00 400,000.00

VO/3 Changes from premix roads to precast 900,000.00 1,100,000.00 200,000.00

concrete paver blocks

VO/4 Omission of glass partitions 96,000.00 - (96,000.00)

1,196,000.00 1,800,000.00 604,000.00

TOTAL CARRIED TO

STATEMENT OF FINAL ACCOUNT

SUMMARY OF NSC FINAL ACCOUNTS

Varation Item Description Omission Addition Nett Addition/

(RM) (RM) Omission (RM)

NSC/1 Lift Services 1,700,000.00 1,500,000.00 (204,000.00)

Profit @ 2% 34,000.00 30,000.00

Attendance as item 34,000.00 34,000.00

NSC/2 Air Conditioning Services 1,200,000.00 1,000,000.00 (204,000.00)

Profit @ 2% 24,000.00 20,000.00

Attendance as item 24,000.00 24,000.00

NSC/3 Electrical Services 1,600,000.00 2,100,000.00 510,000.00

Profit @ 2% 32,000.00 42,000.00

Attendance as item 32,000.00 32,000.00

NSC/4 Entrance Porch 1,050,000.00 1,092,000.00

Profit @ 2% 21,000.00

Attendance @ 2% 21,000.00

TOTAL CARRIED TO

STATEMENT OF FINAL ACCOUNT 4,680,000.00 5,874,000.00 1,194,000.00

4,500,000.00 5,650,000.00

90,000.00 113,000.00

90,000.00 111,000.00

Total NSC Final Account

Total Profit

Total Attendance

SUMMARY OF LOSS & EXPENSES

Varation Item Description Omission Addition Nett Addition/

(RM) (RM) Omission (RM)

1 Additional expenses for 10,000.00 10,000.00

insurance premium

TOTAL CARRIED TO

STATEMENT OF FINAL ACCOUNT - 10,000.00 10,000.00