ERIC KRAUSE
In
business since 1996
- © Krause House
Info-Research Solutions -
STUDIES AND PROPOSALS
A Feasibility Study for A Public Indoor Tennis Facility
Presented By
Eric Krause
Krause House Info-Research
Solutions
For the Cromarty Tennis Club
Sydney, Nova Scotia, Canada
April
11, 2006
Revised January 16, 2009
(VI) FINANCIAL SUMMARIES
NOTE OF JANUARY 16, 2009:
Some of the recommendations below are now outdated because of later developments.
Index
To The Financial Summaries
(Please Click On The Topic Of Your
Choice):
Capital and Operational Cost Summaries
(1) Line Items (Canadian Prices)
Note: A Grant(s) Could Reduce the Overall Cost by 1/3 to 1/2
|
Line Item |
Details |
Estimated Cost |
|
|
|
|
| Lawyer | - Write up contract(s) with contractors |
$300.00-$500.00 |
| Default Insurance | - To cover the general contractor and sub-contractors |
To Be Determined |
| Permits, connections, etc. | - CBRM |
To Be Determined |
| General Contractor and Project Manager | - Experienced Contractor | To Be Determined - Three bids required to determine the dollar value of the mark-up |
|
" |
- Cromarty Community Indoor Tennis Centre Member or Committee | No Cost Involved. Savings in the area of 10-20% (low estimation) and even 25-30% (high estimation) could be made by saving General Contactor's mark-up and Project Manager Fees |
| Land
Preparation (Piece Work) |
- Cromarty Tennis Club Site | Test Probe Required To Determine the Scope of the Work |
|
" |
- Alternate Site |
Unknown |
| Building Kit Purchase Cost | - Olympia Pre-Engineered Rigid Frame Kit (Delivered) - (60'x120'x25'x35') | $85,865.00 [73,900.00 USA x 1.1619]- Note both the exchange rate and current world steel prices have impacted this April 11, 2006 figure |
| Building Kit Purchase Cost | - Olympia Pre-Engineered Rigid Frame Kit (Delivered) - (60'x140'x26'x35') | $117,933.00 [101,500.00 USA x 1.1619] - Note both the exchange rate and current world steel prices have impacted this April 11, 2006 figure |
| Building Assembly Labour Cost | - Joneljim General Contractor & Pre-Engineered Buildings | $50,000.00 |
| Thermal Insulation | - Materials - Generic Building | $6,000.00-$8,000.00 |
|
" |
- Materials - For Olympia Pre-Engineered Rigid Frame Kit (60'x120'x25'x35') | $24,400.00 [$21,000.00 USA x 1.1619] |
|
" |
- Materials - For Olympia Pre-Engineered Rigid Frame Kit (60'x140'x26'x35') | $34,860.00 [$30,000.00 USA x 1.1619] |
|
" |
- Labour | To Be Determined |
| Slab on
Grade (Piece Work) |
- Joneljim Concrete Construction (60'x120') |
$135,520.00 (may need to include anchor-bolts or industrial arch connectors if not supplied with the kit) |
| Indoor Lighting | - Materials (T5 fluorescent blue light technology ) | $8,500.00 |
|
" |
- Installation (T5 fluorescent blue light technology ) | To Be Determined |
| Suspended Ceiling | - Materials | Not Required |
| Heating Units | - Materials (Infrared Ceramic) | $1,500.00 |
|
" |
- Installation (Infrared Ceramic; Propane tank, piping, regulators, tank bases: ownership) | $2,000.00-$4,000.00 depending on size |
| Plumbing (Piece Work) |
- Water and Sewer | To Be Determined |
| Plumbing | - Waterless | $1,700.00 |
|
Plumbing
Appendage or Partitions (Piece Work) |
- Materials | $1,000.00 |
| Wiring | - Three Phase | To Be Determined |
| Fire Suppression | To Be Determined | |
| Tennis Court | - Novacrylic Ultracushion | $13,500.00 |
| Interior Tennis Court Equipment | - Nets and Posts, etc. | $1,000.00 |
| Miscellaneous Interior Amenities | - Wall Column Padding | $1,000.00 |
| Landscaping | - Cromarty Tennis Club Site | $1,000.00 |
|
" |
- Alternate Site | Unknown |
|
HST |
--------- |
To Be Determined |
(2) Turnkey - Rigid Frame (Canadian Prices)
Note: A Grant(s) Could Reduce the Overall Cost by 1/3 to 1/2
|
Line Item |
Details |
Estimated Cost |
|
|
||
|
Turnkey Building on Slab (on flat site) |
- Joneljim General Contractor & Pre-Engineered Buildings (60'x120'x35') | $216,000.00 USA |
(3) Turnkey - Bubble (air supported) (American Prices)
Note: A Grant(s) Could Reduce the Overall Cost by 1/3 to 1/2
Line Item
Details
Estimated Cost
Turnkey Building
- American Cost $58,000 USA to $72,000 USA per court Turnkey Building on Slab
- American Cost for a 3 Court Bubble (equipment and installation) $260,000.00 USA (4) Turnkey - Fabric Frame (tensioned fabric) (American Prices)
Note: A Grant(s) Could Reduce the Overall Cost by 1/3 to 1/2
Line Item
Details
Estimated Cost
Turnkey Building
- American Cost for one court $16 and $18 USA per square foot, or $120,000 USA plus $10,000 for an inner building insulating liner
(1) Line Items (Canadian Prices)
Note: A Yearly Grant(s) Could Reduce Overall Costs
Line Item
Details
Estimated Cost Lighting - T5 fluorescent blue light technology $0.70 per hour Heating - Infrared Ceramic $4.82 per hour Building Maintenance - Olympia pre-engineered Minor Court Maintenance - NovacrylicUltracushion Minor Heating System Maintenance - Infrared Ceramic To Be Determined: Maintenance Contract Required Fire Suppression - To Be Determined To Be Determined: Maintenance Contract Required Security and Fire Monitoring - To Be Determined To Be Determined: Maintenance Contract Required Insurance - Property To Be Determined "
- Third-Party $1,000.00 "
- Director & Officers Liability (Wrongful Acts) - $2,000,000.00 coverage $1,250.00 (2) Turnkey - Bubble (air supported) (American Prices)
Note: A Yearly Grant(s) Could Reduce Overall Costs
Line Item
Details
Estimated Cost
Turnkey Building
A 3 Court Bubble (Setup/Takedown and Storage) $16,000.00 USA