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Section A: Long Answer Questions

Attempt all questions.

5 questions
1long12 marks

A portion of a road is to be constructed in a hilly terrain over a length of 200 m200\ \text{m}. The formation width is 7.5 m7.5\ \text{m} and the ground is in transverse (cross) slope. The levels of the formation centre line and the corresponding ground are taken at 20 m20\ \text{m} intervals. The depth of cutting (+) and filling (−) at the centre line of each station is given below:

Station (chainage, m)020406080100120140160180200
Depth at C.L. (m)+1.2+1.6+2.0+1.5+0.80.0−0.7−1.2−1.6−1.4−1.0

Assume the cross-section is a level-ground (rectangular) section of area = formation width × depth at centre line (side slopes neglected for area, as a simplification). Using the trapezoidal rule and the prismoidal (Simpson's) rule, compute the total volume of cutting and the total volume of filling. Comment on which estimate is more accurate and why.

Step 1 — Compute cross-sectional areas (A = 7.5 × depth):

Using A=7.5×depthA = 7.5 \times \text{depth}, with cutting positive and filling negative areas tabulated separately.

Chainage (m)Depth (m)Area A=7.5dA=7.5\,d (m²)Nature
01.29.00cut
201.612.00cut
402.015.00cut
601.511.25cut
800.86.00cut
1000.00.00
1200.75.25fill
1401.29.00fill
1601.612.00fill
1801.410.50fill
2001.07.50fill

Step 2 — Cutting (chainage 0 to 100, common distance d=20 md = 20\ \text{m}).

Areas: A0=9.00, A1=12.00, A2=15.00, A3=11.25, A4=6.00, A5=0.00A_0=9.00,\ A_1=12.00,\ A_2=15.00,\ A_3=11.25,\ A_4=6.00,\ A_5=0.00.

Trapezoidal rule:

V=d[A0+An2+(A1+A2+A3+A4)]V = d\left[\frac{A_0+A_n}{2} + (A_1+A_2+A_3+A_4)\right] Vcut=20[9.00+0.002+(12.00+15.00+11.25+6.00)]V_{cut}=20\left[\frac{9.00+0.00}{2} + (12.00+15.00+11.25+6.00)\right] =20[4.50+44.25]=20×48.75=975 m3=20\,[4.50 + 44.25]=20\times48.75=\mathbf{975\ m^3}

Prismoidal (Simpson's) rule — needs an even number of intervals; here 0→100 is 5 intervals (odd). Apply Simpson over the first 4 intervals (0→80) and trapezoid for the last (80→100).

Simpson 0→80:

V=d3[A0+A4+4(A1+A3)+2(A2)]V=\frac{d}{3}\big[A_0+A_4+4(A_1+A_3)+2(A_2)\big] =203[9.00+6.00+4(12.00+11.25)+2(15.00)]=\frac{20}{3}\big[9.00+6.00+4(12.00+11.25)+2(15.00)\big] =203[15.00+4(23.25)+30.00]=203[15.00+93.00+30.00]=203(138.00)=920.00 m3=\frac{20}{3}\big[15.00+4(23.25)+30.00\big]=\frac{20}{3}\big[15.00+93.00+30.00\big]=\frac{20}{3}(138.00)=920.00\ m^3

Trapezoid 80→100: V=20×6.00+0.002=60.00 m3V=20\times\frac{6.00+0.00}{2}=60.00\ m^3.

Vcut,prismoidal=920.00+60.00=980 m3V_{cut,\,prismoidal}=920.00+60.00=\mathbf{980\ m^3}

Step 3 — Filling (chainage 100 to 200, d=20 md = 20\ \text{m}).

Areas: A0=0.00, A1=5.25, A2=9.00, A3=12.00, A4=10.50, A5=7.50A_0=0.00,\ A_1=5.25,\ A_2=9.00,\ A_3=12.00,\ A_4=10.50,\ A_5=7.50.

Trapezoidal rule:

Vfill=20[0.00+7.502+(5.25+9.00+12.00+10.50)]V_{fill}=20\left[\frac{0.00+7.50}{2}+(5.25+9.00+12.00+10.50)\right] =20[3.75+36.75]=20×40.50=810 m3=20\,[3.75+36.75]=20\times40.50=\mathbf{810\ m^3}

Prismoidal rule — Simpson over 100→180 (4 intervals) + trapezoid 180→200.

Simpson 100→180:

=203[0.00+10.50+4(5.25+12.00)+2(9.00)]=\frac{20}{3}\big[0.00+10.50+4(5.25+12.00)+2(9.00)\big] =203[10.50+4(17.25)+18.00]=203[10.50+69.00+18.00]=203(97.50)=650.00 m3=\frac{20}{3}\big[10.50+4(17.25)+18.00\big]=\frac{20}{3}\big[10.50+69.00+18.00\big]=\frac{20}{3}(97.50)=650.00\ m^3

Trapezoid 180→200: V=20×10.50+7.502=20×9.00=180.00 m3V=20\times\frac{10.50+7.50}{2}=20\times9.00=180.00\ m^3.

Vfill,prismoidal=650.00+180.00=830 m3V_{fill,\,prismoidal}=650.00+180.00=\mathbf{830\ m^3}

Step 4 — Summary.

QuantityTrapezoidalPrismoidal
Cutting975 m³980 m³
Filling810 m³830 m³

Comment: The prismoidal (Simpson's) rule is more accurate because it fits a second-degree (parabolic) curve through three consecutive sections, capturing the curvature of the area variation, whereas the trapezoidal rule assumes a straight-line (linear) variation between sections and thus introduces error wherever the ground/area profile is curved. The trapezoidal rule generally underestimates volume for a convex area profile. For precise earthwork billing, the prismoidal volumes (cut ≈ 980 m³, fill ≈ 830 m³) should be adopted.

earthwork-estimationmethods-of-measurementroad-estimate
2long12 marks

Prepare the rate analysis for 1 m³ of M20 (1:1.5:3) reinforced cement concrete in a suspended floor slab, including the cost of mixing, placing, compacting and curing (excluding reinforcement steel, shuttering and finishing). Use the following data:

  • Dry material increase factor = 54% (i.e. dry volume = 1.54 × wet volume).
  • Cement: 1 bag = 50 kg = 0.0347 m30.0347\ \text{m}^3; rate Rs. 800 per bag.
  • Sand: Rs. 1,800 per m³.
  • Coarse aggregate (20 mm): Rs. 2,400 per m³.
  • Water and sundries: 1.5% of material cost.
  • Labour: 1 mason @ Rs. 1,000/day for 0.30 day; 4 unskilled labourers @ Rs. 700/day for 0.30 day each; 1 mixer-machine operator allowance Rs. 250.
  • Equipment (mixer + vibrator) hire: Rs. 600.
  • Contractor's overhead and profit: 15% of (material + labour + water + equipment).

Compute the rate per m³, rounded to the nearest rupee.

Step 1 — Quantities of dry materials for 1 m³ wet concrete (1:1.5:3).

Dry volume =1.54 m3=1.54\ \text{m}^3. Sum of proportions =1+1.5+3=5.5=1+1.5+3=5.5.

  • Cement volume =15.5×1.54=0.28 m3=\dfrac{1}{5.5}\times1.54=0.28\ \text{m}^3.
  • Sand volume =1.55.5×1.54=0.42 m3=\dfrac{1.5}{5.5}\times1.54=0.42\ \text{m}^3.
  • Coarse aggregate =35.5×1.54=0.84 m3=\dfrac{3}{5.5}\times1.54=0.84\ \text{m}^3.

Step 2 — Convert cement to bags.

Number of bags =0.280.0347=8.07 bags=\dfrac{0.28}{0.0347}=8.07\ \text{bags}. Adopt 8.078.07 bags.

Step 3 — Material cost.

MaterialQuantityRate (Rs.)Amount (Rs.)
Cement8.07 bags800/bag6,456.00
Sand0.42 m³1,800/m³756.00
Coarse aggregate0.84 m³2,400/m³2,016.00
Material subtotal9,228.00

Cement: 8.07×800=6,456.008.07\times800=6{,}456.00. Sand: 0.42×1,800=756.000.42\times1{,}800=756.00. Aggregate: 0.84×2,400=2,016.000.84\times2{,}400=2{,}016.00. Sum =9,228.00=9{,}228.00.

Step 4 — Water and sundries (1.5% of material cost).

0.015×9,228.00=138.420.015\times9{,}228.00=138.42.

Step 5 — Labour.

  • Mason: 1×1,000×0.30=300.001\times1{,}000\times0.30=300.00.
  • Unskilled: 4×700×0.30=4×210=840.004\times700\times0.30=4\times210=840.00.
  • Operator allowance: 250.00250.00.
  • Labour subtotal =300.00+840.00+250.00=1,390.00=300.00+840.00+250.00=1{,}390.00.

Step 6 — Equipment hire. =600.00=600.00.

Step 7 — Prime cost (before OH&P).

PC=9,228.00+138.42+1,390.00+600.00=11,356.42\text{PC}=9{,}228.00+138.42+1{,}390.00+600.00=11{,}356.42

Step 8 — Overhead and profit (15%).

0.15×11,356.42=1,703.460.15\times11{,}356.42=1{,}703.46.

Step 9 — Total rate per m³.

11,356.42+1,703.46=13,059.88Rs. 13,060 per m311{,}356.42+1{,}703.46=13{,}059.88\approx\mathbf{Rs.\ 13{,}060\ per\ m^3}

Specification note: M20 concrete shall be machine-mixed for not less than 2 minutes, transported without segregation, placed in layers not exceeding 150 mm, compacted with a needle vibrator, and cured for at least 14 days by ponding/wet covering. The above rate is exclusive of reinforcement, formwork and surface finishing, which are paid under separate items.

rate-analysisrccspecifications
3long12 marks

A single-room masonry building has internal dimensions 4.0 m×5.0 m4.0\ \text{m} \times 5.0\ \text{m} (clear). The walls are 300 mm300\ \text{mm} thick in 1:6 cement-sand brick masonry throughout. Foundation details: the concrete footing is 700 mm700\ \text{mm} wide and 300 mm300\ \text{mm} deep; above it the masonry rises from the top of footing to plinth level over a height of 600 mm600\ \text{mm}, then the 300 mm300\ \text{mm} thick superstructure wall rises 2.9 m2.9\ \text{m} to the underside of the roof. Using the centre-line method, estimate:

  1. The total centre-line length of walls.
  2. The volume of PCC (1:3:6) in the footing.
  3. The volume of brick masonry in foundation/plinth (below plinth level).
  4. The volume of brick masonry in the superstructure (above plinth).

(Assume the footing, plinth masonry and wall are concentric about the same centre line. Ignore openings for this estimate.)

Step 1 — Centre-line length.

For a single rectangular room, the wall centre line forms a rectangle. Wall thickness =0.30 m=0.30\ \text{m}, so add half-thickness on each internal side:

  • Centre-line length (long direction) =5.0+0.30=5.30 m=5.0+0.30=5.30\ \text{m} (internal 5.0 + 2×0.15).
  • Centre-line length (short direction) =4.0+0.30=4.30 m=4.0+0.30=4.30\ \text{m}.

Total centre-line length (perimeter of centre-line rectangle):

L=2(5.30+4.30)=2×9.60=19.20 mL=2(5.30+4.30)=2\times9.60=\mathbf{19.20\ m}

Note on the centre-line method: for a continuous closed run with one type of wall, no deduction/addition for junctions is required because the rectangle's own corners already account for the overlap correctly (each corner is counted once). The single centre-line length L=19.20 mL=19.20\ \text{m} is used for all concentric items (footing, plinth, wall).

Step 2 — PCC footing (1:3:6).

Width =0.70 m=0.70\ \text{m}, depth =0.30 m=0.30\ \text{m}.

VPCC=L×b×d=19.20×0.70×0.30=4.032 m3V_{PCC}=L\times b\times d=19.20\times0.70\times0.30=\mathbf{4.032\ m^3}

Step 3 — Brick masonry below plinth (foundation/plinth masonry).

Thickness =0.30 m=0.30\ \text{m}, height =0.60 m=0.60\ \text{m}.

Vfound=19.20×0.30×0.60=3.456 m3V_{found}=19.20\times0.30\times0.60=\mathbf{3.456\ m^3}

Step 4 — Brick masonry in superstructure (above plinth).

Thickness =0.30 m=0.30\ \text{m}, height =2.90 m=2.90\ \text{m}.

Vsuper=19.20×0.30×2.90=16.704 m3V_{super}=19.20\times0.30\times2.90=\mathbf{16.704\ m^3}

Summary table.

ItemCentre-line length (m)b (m)h/d (m)Volume (m³)
PCC footing (1:3:6)19.200.700.304.032
Masonry below plinth19.200.300.603.456
Masonry superstructure19.200.302.9016.704
Total brick masonry20.160

Final answers: Centre-line length =19.20 m=\mathbf{19.20\ m}; PCC =4.032 m3=\mathbf{4.032\ m^3}; foundation masonry =3.456 m3=\mathbf{3.456\ m^3}; superstructure masonry =16.704 m3=\mathbf{16.704\ m^3} (total brick masonry =20.16 m3=20.16\ m^3).

building-estimatecentre-line-methodquantity-takeoff
4long10 marks

A residential building is to be valued. The following particulars are available:

  • Cost of construction of the building (replacement cost, new) = Rs. 65,00,000.
  • Age of the building = 20 years; total expected useful life = 80 years.
  • Land area = 250 m², present land rate = Rs. 90,000 per m² (land does not depreciate).
  • Net annual rental income (after deducting outgoings) = Rs. 4,80,000.
  • Expected rate of return (yield) for this class of property = 8%.

(a) Compute the present (depreciated) value of the building by the straight-line method, assuming scrap value = 10% of construction cost, and hence the total property value by the cost (land + building) method.

(b) Compute the capitalized value of the property by the rental/income method using the year's-purchase approach (treat the income as perpetual). Compare the two values and comment.

Part (a) — Cost (land + depreciated building) method.

Scrap value of building =10%=10\% of Rs. 65,00,000 =0.10×6,500,000=650,000=0.10\times6{,}500{,}000=650{,}000.

Total depreciable amount =6,500,000650,000=5,850,000=6{,}500{,}000-650{,}000=5{,}850{,}000.

Annual depreciation (straight-line) =5,850,00080=73,125=\dfrac{5{,}850{,}000}{80}=73{,}125 per year.

Accumulated depreciation in 20 years =73,125×20=1,462,500=73{,}125\times20=1{,}462{,}500.

Present (depreciated) value of building:

=6,500,0001,462,500=Rs. 50,37,500=6{,}500{,}000-1{,}462{,}500=\mathbf{Rs.\ 50{,}37{,}500}

Value of land =250×90,000=22,500,000==250\times90{,}000=22{,}500{,}000= Rs. 2,25,00,000.

Total property value (cost method):

=5,037,500+22,500,000=Rs. 2,75,37,500=5{,}037{,}500+22{,}500{,}000=\mathbf{Rs.\ 2{,}75{,}37{,}500}

Part (b) — Income (rental capitalization) method.

For income treated as perpetual, Year's Purchase =1rate of return=10.08=12.5=\dfrac{1}{\text{rate of return}}=\dfrac{1}{0.08}=12.5.

Capitalized value:

V=Net annual income×Y.P.=480,000×12.5=Rs. 60,00,000V=\text{Net annual income}\times\text{Y.P.}=480{,}000\times12.5=\mathbf{Rs.\ 60{,}00{,}000}

Comparison and comment.

MethodValue (Rs.)
Cost method (land + depreciated building)2,75,37,500
Income/capitalized method60,00,000

The two figures differ greatly because they measure different things. The cost method includes the full market value of the land (Rs. 2.25 crore), which dominates the total, plus the bricks-and-mortar value of the structure. The income method capitalizes only the net rent the property currently earns; at an 8% yield, Rs. 4.8 lakh of annual rent supports a capital value of only Rs. 60 lakh. The large gap indicates the property is under-rented relative to its capital (land) value — the rent yields far below 8% on the cost-method value (480,000/27,537,5001.7%480{,}000/27{,}537{,}500\approx1.7\%). For an owner-occupied or land-rich property the cost method is the more meaningful indicator of worth; for a pure investment decision the income method governs. A prudent valuer would report both and reconcile, noting the latent redevelopment value of the land.

valuationdepreciationcapitalized-value
5long10 marks

(a) Define tender and explain the essential contents of a complete tender / contract document for a civil engineering work as required under public procurement practice in Nepal. (b) Distinguish between earnest money (bid security) and performance security (retention/security deposit), stating typical percentages and their purposes. (c) Briefly explain three common types of contract (lump-sum, item-rate/unit-price, and cost-plus) with one suitability situation each.

(a) Tender — definition and contract-document contents.

A tender is a formal, written offer submitted by a contractor in response to an invitation (notice inviting tender, NIT) to execute a specified work, supply goods, or render services at quoted rates and within stated conditions. When accepted by the employer, it forms a binding contract.

A complete tender/contract document typically contains:

  1. Notice Inviting Tender (NIT) / Invitation for Bids — work description, estimated cost, bid security, time of completion, dates of issue/submission/opening.
  2. Instructions to Bidders (ITB) — eligibility, how to fill and submit the bid, validity period.
  3. General Conditions of Contract (GCC) and Special/Particular Conditions of Contract (SCC) — rights, duties, payment terms, dispute resolution, penalties.
  4. Technical Specifications — quality of materials and workmanship.
  5. Drawings — plans, sections, details.
  6. Bill of Quantities (BOQ) / Schedule of Rates / Priced Schedule — items, quantities, unit rates, amounts.
  7. Form of Bid / Form of Agreement — to be signed by both parties.
  8. Forms of securities — bid security, performance security, advance-payment guarantee formats.
  9. Schedule of completion / work programme and list of approved makes/brands.
  10. Addenda/corrigenda issued before submission, if any.

(b) Earnest money (bid security) vs. performance security.

FeatureEarnest money / Bid securityPerformance security / Security deposit
When furnishedWith the bid, before openingAfter award, before signing the agreement
Typical amountAbout 2–3% of the estimated cost (commonly 2.5%)About 5% of the contract amount (retention typically 5–10% deducted from running bills)
PurposeEnsures the bidder is serious and will not withdraw or refuse to sign the contract; forfeited on defaultGuarantees satisfactory performance and completion as per contract; covers defects and is released after the defect-liability period
FormCash deposit, bank guarantee, or specified instrumentBank guarantee or retention from payments

Bid security is returned to unsuccessful bidders after award and to the successful bidder after it furnishes performance security; performance security is released after successful completion and expiry of the defect-liability (maintenance) period.

(c) Types of contract.

  1. Lump-sum contract: The contractor agrees to complete the entire work for a single fixed sum, based on drawings and specifications. Suitable when the scope is well defined and unlikely to change (e.g. a standard, fully designed building).
  2. Item-rate (unit-price / BOQ) contract: The contractor quotes rates for each item of work; payment is the measured quantity × quoted rate. Suitable when quantities cannot be precisely fixed in advance (e.g. earthwork, foundations in uncertain ground) — most public civil works use this form.
  3. Cost-plus contract: The employer reimburses the actual cost of the work plus a fee (a fixed amount or a percentage of cost). Suitable for urgent or ill-defined work where the scope cannot be estimated beforehand (e.g. emergency/disaster repair, novel works).
tender-contractcontract-documentsearnest-money
B

Section B: Short Answer Questions

Attempt all questions.

6 questions
6short4 marks

List and briefly explain any four types of estimates used in civil engineering projects, and state the purpose of each.

Four types of estimates:

  1. Preliminary (approximate / rough-cost) estimate: A quick estimate prepared before detailed design using approximate methods (plinth-area rate, per-unit rate such as cost per bed for a hospital). Purpose: to judge financial feasibility and obtain administrative approval and budget provision.
  2. Detailed estimate: A complete, item-by-item estimate worked out from final drawings and specifications using measured quantities and analysed rates, supported by detailed measurement (abstract) sheets. Purpose: to obtain technical sanction, invite tenders and control expenditure; it is the most accurate estimate.
  3. Revised estimate: A fresh detailed estimate prepared when the sanctioned estimate is exceeded by a defined limit (e.g. more than 5%) due to rate changes or material increase, without change of scope. Purpose: to obtain revised sanction for the increased cost.
  4. Supplementary estimate: An additional detailed estimate prepared for extra works or additions found necessary during execution, in addition to the original. Purpose: to sanction and fund additional/changed scope.

(Other valid types include quantity estimate, annual repair/maintenance estimate, and complete estimate.)

types-of-estimatesestimation-basics
7short4 marks

An RCC beam is reinforced with 5 bars of 16 mm diameter running a clear length of 6.0 m6.0\ \text{m} between supports, with a hook of 9d9d provided at each end. Compute (i) the total cutting length of one bar, (ii) the total length of all 5 bars, and (iii) the total weight of steel. Take unit weight of steel =d2162 kg/m=\dfrac{d^2}{162}\ \text{kg/m} with dd in mm.

Step 1 — Cutting length of one bar.

Hook length per end =9d=9×16=144 mm=0.144 m=9d=9\times16=144\ \text{mm}=0.144\ \text{m}. Two hooks =2×0.144=0.288 m=2\times0.144=0.288\ \text{m}.

Cutting length=6.0+0.288=6.288 m\text{Cutting length}=6.0+0.288=\mathbf{6.288\ m}

Step 2 — Total length of 5 bars.

5×6.288=31.44 m5\times6.288=\mathbf{31.44\ m}

Step 3 — Unit weight of 16 mm bar.

w=d2162=162162=256162=1.5802 kg/mw=\frac{d^2}{162}=\frac{16^2}{162}=\frac{256}{162}=1.5802\ \text{kg/m}

Step 4 — Total weight.

W=31.44×1.5802=49.68 kgW=31.44\times1.5802=\mathbf{49.68\ kg}

Final answers: cutting length per bar =6.288 m=6.288\ \text{m}; total length =31.44 m=31.44\ \text{m}; total steel weight 49.68 kg\approx\mathbf{49.68\ kg}.

steel-estimationbar-bending-schedulereinforcement
8short4 marks

Differentiate between general specifications and detailed specifications. State any two purposes that specifications serve in an estimate and contract.

General vs. detailed specifications.

AspectGeneral specificationDetailed specification
ScopeGives a brief, overall idea of the class and quality of the whole workGives a full, item-by-item description of materials and workmanship
Detail levelBroad statements (e.g. 'first-class brickwork in cement mortar 1:6')Exhaustive — proportions, source/quality of materials, method of mixing, laying, curing, tests, tolerances
UseHelps form a general idea and assists in preliminary/approximate estimatingForms part of the contract; governs actual execution, measurement and payment
LengthShortLong and specific to each item of work

Two purposes of specifications:

  1. Define quality and standard of work: they fix the type and quality of materials, proportions and workmanship, ensuring the work meets the intended standard and enabling fair rate analysis (rates depend on specified quality).
  2. Serve as a legal/contractual basis: they form part of the contract documents, so they govern acceptance, measurement and payment, and act as the reference for resolving disputes about quality or method.
specificationsgeneral-detailed-specifications
9short4 marks

A room has internal dimensions 3.6 m×4.2 m3.6\ \text{m} \times 4.2\ \text{m} and a clear height of 3.0 m3.0\ \text{m}. It has one door 1.0 m×2.1 m1.0\ \text{m} \times 2.1\ \text{m} and two windows each 1.2 m×1.5 m1.2\ \text{m} \times 1.5\ \text{m}. Compute the net area of internal wall plastering (12 mm thick, on the four inside wall faces only; do not plaster ceiling or floor). Apply standard deductions for the openings (full deduction of opening area, one face).

Step 1 — Gross internal wall area (four faces, full height).

Internal perimeter =2(3.6+4.2)=2×7.8=15.6 m=2(3.6+4.2)=2\times7.8=15.6\ \text{m}.

Gross plaster area =perimeter×height=15.6×3.0=46.80 m2=\text{perimeter}\times\text{height}=15.6\times3.0=46.80\ \text{m}^2.

Step 2 — Deductions for openings (one face, full area).

  • Door: 1.0×2.1=2.10 m21.0\times2.1=2.10\ \text{m}^2.
  • Two windows: 2×(1.2×1.5)=2×1.80=3.60 m22\times(1.2\times1.5)=2\times1.80=3.60\ \text{m}^2.
  • Total deduction =2.10+3.60=5.70 m2=2.10+3.60=5.70\ \text{m}^2.

Step 3 — Net plaster area.

Anet=46.805.70=41.10 m2A_{net}=46.80-5.70=\mathbf{41.10\ m^2}

Answer: Net internal wall plastering area =41.10 m2=\mathbf{41.10\ m^2}.

Note: Per IS measurement convention, for 12 mm plaster the full opening area is deducted on the side being measured (no jamb/reveal addition for this thin plaster), which is the simplification applied here.

measurement-of-worksplasteringdeductions
10short4 marks

Explain the concept of a sinking fund in valuation. A building has a future life of 2525 years and will need replacement costing Rs. 30,00,000 at the end of its life. Compute the annual sinking-fund instalment required if the fund earns interest at 6%6\% per annum compounded annually.

Concept. A sinking fund is a fund created by setting aside a fixed sum (instalment) every year, which accumulates at compound interest so that the total grows to a required amount (e.g. the cost of replacement or the capital to be redeemed) by the end of a fixed period. In valuation it represents the annual provision an owner must make to recoup the depreciating value of a structure by the end of its useful life.

Formula. The annual sinking-fund instalment II to accumulate an amount SS in nn years at interest rate ii is:

I=Si(1+i)n1I=S\cdot\frac{i}{(1+i)^n-1}

Given: S=Rs. 30,00,000S=\text{Rs. }30{,}00{,}000, n=25n=25, i=0.06i=0.06.

Step 1 — Compute (1+i)n(1+i)^n.

(1.06)25=4.29187(1.06)^{25}=4.29187

Step 2 — Compute the factor.

i(1+i)n1=0.064.291871=0.063.29187=0.018226\frac{i}{(1+i)^n-1}=\frac{0.06}{4.29187-1}=\frac{0.06}{3.29187}=0.018226

Step 3 — Annual instalment.

I=3,000,000×0.018226=54,678Rs. 54,678 per yearI=3{,}000{,}000\times0.018226=54{,}678\approx\mathbf{Rs.\ 54{,}678\ per\ year}

Answer: An annual sinking-fund deposit of approximately Rs. 54,678 (about Rs. 54,700) will accumulate to Rs. 30,00,000 in 25 years at 6% compound interest.

valuationsinking-funddepreciation
11short4 marks

Compute the quantity of earthwork in excavation for a trench 30 m30\ \text{m} long for a pipeline, where the trench is 0.9 m0.9\ \text{m} wide at the bottom, has side slopes of 1(horizontal):4(vertical)1\,\text{(horizontal)} : 4\,\text{(vertical)}, and a uniform depth of 1.6 m1.6\ \text{m}. Also state which method of measurement you have used.

Method used: the mid-section / mean cross-sectional area method (a single uniform cross-section is multiplied by the length, as the trench has constant depth and width). The cross-section is a symmetrical trapezium because of the side slopes.

Step 1 — Top width of the trapezoidal section.

Side slope 1H:4V1\text{H}:4\text{V} means for every 4 m of depth the trench widens 1 m horizontally on each side; i.e. horizontal spread per side =14×depth=14×1.6=0.40 m=\dfrac{1}{4}\times\text{depth}=\dfrac{1}{4}\times1.6=0.40\ \text{m}.

Top width =b+2×0.40=0.9+0.80=1.70 m=b+2\times0.40=0.9+0.80=1.70\ \text{m}.

Step 2 — Cross-sectional area (trapezium).

A=12(bbottom+btop)×d=12(0.90+1.70)×1.6A=\frac{1}{2}(b_{bottom}+b_{top})\times d=\frac{1}{2}(0.90+1.70)\times1.6 =12×2.60×1.6=1.30×1.6=2.08 m2=\frac{1}{2}\times2.60\times1.6=1.30\times1.6=2.08\ \text{m}^2

(Equivalently A=(b+sd)d=(0.9+0.25×1.6)×1.6=(0.9+0.40)×1.6=2.08 m2A=(b+s\,d)\,d=(0.9+0.25\times1.6)\times1.6=(0.9+0.40)\times1.6=2.08\ \text{m}^2, with s=1/4=0.25s=1/4=0.25.)

Step 3 — Volume of excavation.

V=A×L=2.08×30=62.4 m3V=A\times L=2.08\times30=\mathbf{62.4\ m^3}

Answer: Earthwork in excavation =62.4 m3=\mathbf{62.4\ m^3}, computed by the mean (uniform) cross-section method using a trapezoidal section.

methods-of-measurementearthworklong-vs-cross-section

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