Building estimates and tenering

9 story residential and shops mix development: Queen Street, St Marys, NSW

• 3,600 m² residential apartments with high quality fitouts;

• two basements (1,900m2 total) with car parking spaces

• 850 m² up-market shopping mall extended over ground floor including food court, shops, leisure areas, kiosks and children play areas

• landscaped gardens at ground level with water features and fancy lighting

Project 2 final cost varied 45% from the initial cost estimate and the predicted factors that may have influenced are:

• plant, labour and material shortages and price escalations

• higher bids from contractors due to less competition (caused by shortage of keen tenderers as a result of Covid)

• supply chain issues, delays in delivery of imported materials due to the disruptions caused by Covid.

• delays on site due to COVID shutdowns and work stop orders

Data Material