SAMPLE COSTING FOR A CONSULTANCY PROJECT

ITEM SAMPLE COSTING
Amount to be charged by the Consultant(s) as Consultancy Fee i.e `A` A = Rs. 9,000/- (For Example)
Total Amount for Distribution `D`(Consultant Share `A` + CIIP Dev. Fund `B`) D=A/0.9 = 9000/0.9 = Rs. 10,000/-
CIIP Development Fund `B` B = 0.1D = 0.1*10,000 = Rs. 1,000/-
Total Expenditure `E` (Equipment, Consumables, TA, Usage charges, Contingency, Staff Remuneration, Insurance, Maintenance, etc. as admissible) E = Rs. 60,000/- (For Example)
Remaining Amount `R`(after deducting Univ. Share) R= D+E = 10,000 + 60,000 = Rs. 70,000/-
Total Contracted Amount `T`(T=R+U),
U= 0.3T for Category I and U=0.3T or 0.7T as applicable for Category II
For Category I: T= R+0.3T,
T=R/0.7 = 70,000/0.7 = Rs. 1,00,000/-
Service Tax `L`(@15% or as applicable from time to time) L = 0.15*T = Rs. 15,000/-
Total money to be received or charged from the Client `G` G = T+L = 1,00,000 + 15,000 = Rs. 1,15,000/-









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