Calculate the tender rate per bank cubic meter for an excavation of a trench given: • Hire cost = R800 per hour, including owning costs • Fuel Consumption = 4 l/h of Diesel fuel at R15/h • Scoop capacity is 35 banks m3 /h • Operating factor = 0.8 • Dimensions of trench: 10m x 3m • Operator earns R40.41/h • Head office overheads = 30% • Site overheads = 20% • Profit margin factor = 0.045 • Contractor has perceived no risk on this operation

Calculate the tender rate per bank cubic meter for an excavation of a trench given:
• Hire cost = R800 per hour, including owning costs
• Fuel Consumption = 4 l/h of Diesel fuel at R15/h
• Scoop capacity is 35 banks m3
/h
• Operating factor = 0.8
• Dimensions of trench: 10m x 3m
• Operator earns R40.41/h
• Head office overheads = 30%
• Site overheads = 20%
• Profit margin factor = 0.045
• Contractor has perceived no risk on this operation