Total Capital Cost Excluding Land Cost 1 244 390 67 516 1 311 906 665 Including VAT 634 031 ZAMBEZI VOCATIONAL TRAINING CENTRE Description Total Project Cost Estimate (N$) PHASE 1 PHASE 2 PHASE 3 SUMMARY PHASES 1-3 Building Cost 418 578 075 13 087 9 724 000 441 389 540 465 Servces 115 109 250 4 990 350 - 120 099 600 Contractor's Work, Profit & Attendance 11 510 925 499 035 - 12 009 960 On Specialist Services External 41 577 925 - 10 000 000 51 577 925 Preliminaries 41 074 332 1 486 148 1 577 920 44 138 400 Contingencies 94 177 576 3 009 450 1 873 780 99 060 806 Total Building Cost Excluding VAT 722 028 084 23 072 23 175 700 768 276 231 448 Escalation 115 566 010 2 168 695 2 423 367 120 158 072 Total Building Cost Excluding VAT 837 594 094 25 241 25 599 067 88 434 303 142 Add Professional Fees 158 218 486 6 743 570 8 393 828 173 355 885 Building Cost Including 995 812 580 31 984 33 992 895 1 061 790 188 Professional Fees Excluding VAT 713 VAT @15% 149 371 887 4 797 707 5 098 934 159 268 528 Total Capital Cost Excluding Land Cost Including VAT 1 145 184 36 39 091 830 1 221 058 716 467 782 420 FORMULA FOR ESTIMATIONS: Trainee enrolment (2015) for current courses Projected trainee enrolment (2021) for current courses Projected trainee enrolment (2021) for proposed/new courses For classroom-based courses the instructor ratio is 1:40 For workshop-based courses the instructor ratio is 1:25 For computer rooms the ratio of trainees is 1:80 (It is estimated that trainees will use 50% of their tuition time in computer room for courses requiring the use of computers) The for workshops is 1:100 trainees keeping in mind that trainees will also be using classrooms. For TVET Managers the ratio is 1:200 For Administration staff the ratio is 1:300
Total Capital Cost Excluding Land Cost Including VAT 1 244 390 634 67 516 031 1 311 906 665 ZAMBEZI VOCATIONAL TRAINING CENTRE Description Total Project Cost Estimate (N$) PHASE 1 PHASE 2 PHASE 3 SUMMARY PHASES 1-3 Building Cost 418 578 075 13 087 465 9 724 000 441 389 540 Servces 115 109 250 4 990 350 - 120 099 600 Contractor's Work, Profit & Attendance On Specialist Services 11 510 925 499 035 - 12 009 960 External 41 577 925 - 10 000 000 51 577 925 Preliminaries 41 074 332 1 486 148 1 577 920 44 138 400 Contingencies 94 177 576 3 009 450 1 873 780 99 060 806 Total Building Cost Excluding VAT 722 028 084 23 072 448 23 175 700 768 276 231 Escalation 115 566 010 2 168 695 2 423 367 120 158 072 Total Building Cost Excluding VAT 837 594 094 25 241 142 25 599 067 88 434 303 Add Professional Fees 158 218 486 6 743 570 8 393 828 173 355 885 Building Cost Including Professional Fees Excluding VAT 995 812 580 31 984 713 33 992 895 1 061 790 188 VAT @15% 149 371 887 4 797 707 5 098 934 159 268 528 Total Capital Cost Excluding Land Cost Including VAT 1 145 184 467 36 782 420 39 091 830 1 221 058 716 FORMULA FOR ESTIMATIONS: Trainee enrolment (2015) for current courses Projected trainee enrolment (2021) for current courses Projected trainee enrolment (2021) for proposed/new courses For classroom-based courses the instructor ratio is 1:40 For workshop-based courses the instructor ratio is 1:25 For computer rooms the ratio of trainees is 1:80 (It is estimated that trainees will use 50% of their tuition time in computer room for courses requiring the use of computers) The for workshops is 1:100 trainees keeping in mind that trainees will also be using classrooms. For TVET Managers the ratio is 1:200 For Administration staff the ratio is 1:300