Costing and Pricing - A Guide for Water Well Drilling Enterprises
There are five distinct steps to costing and pricing: (1) the basic costs of running your business; (2) analysis of tender documents; (3) setting out the cost components; (4) calculating your costs and (5) determining your price. Within each step a number of key issues need to be considered. Costs are broken down into siting, mobilisation, drilling, casing/completion, well development/pumping test and pump installation. Practical, worked examples enable the reader to easily follow the costing method. The field note sets out bills of quantities and considers how to deal with risks and uncertainties as well as the tender process. Key advice for effective management is also given.
The authors of this field note sincerely hope that it helps drilling enterprises to develop and flourish, and thus contributes to improving water supplies, particularly in the developing world.