| LAND
The purchase price or nominated value of the Project is simply
inserted in the next window. It can be entered as a lump sum or
a rate per area for a nominated quantity. Stamp Duty is automatically
calculated or if the land is held can be deleted. Legal fees and
any other costs such as joint venture documentation costs etc are
included.
The timing of payment of any land costs is easily included.
CONSTRUCTION
The Standard Default Items under this heading of expense include
Contingency Allowance, Construction and Demolition and Clearing.
Again this is infinitely variable with the following examples provided
if All Default Items are selected:
- You select the manner in which this cost item is likely to be
paid, by a lump sum, S-Curve etc and the timing of such payments.
Our unique S-Curve feature utilises a highly sophisticated trinomial
and quadratic time and expenditure model originally created by the
British Department of Works in the 60's. Three years of development
by our in-house Doctors of Mathematics (PhD) has created what we
believe to be the most accurate, flexible and totally up to the
minute with international construction trends prediction and re-prediction
model available. No other system has this capacity.
The option exists to nominate a period of months till Construction
commencement and an amount by which the Construction cost is likely
to escalate per month until that time.
Our system is powerful enough to insert your Quantity Surveyors
detailed cost schedule by individual item for the largest job.
CONSULTANTS
There is complete freedom to nominate as many or as few Consultants
as are required to complete the Project. Structural Engineer, Architect
and Project Manager appear in the Standard Default Items. All Default
Items include such other Consultants as:
Consultants fees can be input as a % of the Construction total
or a $ amount.
Again there is ultimate flexibility in the choice allowed as to
timing of payment. Select between Single Payments, Equal Payments,
Periodic Payments or a Consultants option which allows you to pay
a nominated % of the particular Consultants fees in a given month
with the balance then remaining as you choose or negotiate.
LOCAL AUTHORITY
Enter the estimated or known costs under this head into the following
optional categories (or create your own):
Choose to enter as much or as little detail regarding the frequency
and timing of payment of any cost item. If you do not enter any
timing details, it will not effect your feasibility. It is suggested
that you include this information under all headings so that the
most useful cash flow applicable to the project can be automatically
generated on completion of entry of the feasibility data described
above and below.
This is not critical as the information can very easily be entered
or manipulated within the cash flow itself.
FINANCE COSTS
All Default Items under this heading include:
At the risk of being repetitive, there is again, ultimate flexibility
in so far as how little or how much information you enter in relation
to the timing and method of payment of any particular item.
Interest is automatically calculated for the life of the project
on the Total Project Costs less any Capital contribution made to
the development.
Interest is input in an extremely user friendly manner by simply
selecting the Rate, Type (capitalised or interest only) and the
period (of months) for which each of Land, Development and Construction
will be held and undertaken respectively.
An option exists to provide for Holding Costs for a specified period.
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