Financial Report (1)

The majority of our crane will be made up of steel due to its relative good strength. Steel comes in different forms namely Carbon Steels, Alloy Steel, Tool Steels and Stainless Steels which all vary in price and will be incorporated into various parts of the crane. For the construction of our crane we will be looking at obtaining high quality materials at the lowest available price.
Below is an idea of the typical cost of producing a single fully working model of the crane.

The cranes kit, including cost of each part:

6x L Triggers for Base
£90.00

4x rubberised Steel Handle Bars
£60.16

1x Stainless Steel Rope and Winch system
£67.50

1x Jib Construction System
£105.00

Pulley System
£50.00

1x Hydraulic
£45.80

1x Rotating Base System
£214.03

1x Hook
£48.00

TOTAL COST OF x1 CRANE KIT = £ 680.76

If our team is to win the invitation to tender then the cost will become:
TOTAL COST OF x100 CRANES = £ 68076.00
TOTAL COST OF x100 CRANES at 10% DISCOUNT = £ 61268.40
(The costs quoted above exclude any human/machinery labour required in the construction of the crane)

Reference websites used in estimation of costs
http://www.apluswhs.com/
http://www.metals4u.co.uk/
http://www.midlandwirecordage.co.uk/
http://www.meps.co.uk/index.htm