Final Report - Asian Development Bank

Ho Chi Minh City Metro Rail System Project Final Report - Revised
Management Authority for Urban Railways Chapter 6 – Estimated Capital and O&M Costs
6 ESTIMATED CAPITAL & OPERATIONS AND
MAINTENANCE COSTS
6.1 General
136. This chapter presents a summary of the estimated capital costs and operational and
maintenance costs for the project as described in previous chapters. The breakdown of capital costs is
given in Appendix D, Detailed Capital Cost Estimates. Details and a fuller explanation of the derivation
of operation and maintenance costs are provided in Appendix E.
6.2 Capital Cost Estimates
6.2.1 Basis for cost estimates
137. The estimates of cost of the Metro line 2 from Ben Thanh Market to Tham Luong Depot were
based on results of preliminary engineering design of the Consultant, quantity estimates of each work
item and studies on construction planning and method as described in the preceding chapters. Total
investment cost was calculated for the whole line of 12,257 m, from Ben Thanh to Tham Luong and
access to Tham Luong depot, and 10 stations, 9 underground stations and 1 elevated station. Ben
Thanh station was not included in the total construction cost of this project (see Chapter 1).
6.2.2 Quantities Estimates and Unit prices
138. Table 6.2-1 summarizes the main quantities of each category of works and equipment (see
Appendix D for details on quantities and costs).
139. Unit prices of construction works are based on material cost, equipment cost, labour cost,
administration cost and profit for detailed work items. Unit prices have been analyzed against current
price (Quarter I – 2008) and adjusted as per requirement in order to obtain the most practical unit
price. For special works such as underground boring, railways equipment installation (which have
never been carried out in Vietnam before), unit prices are calculated according to the Consultant’s
assessment of Ho Chi Minh City’s conditions and experience international experience. The Technical
Paper “Capital and Operating and Maintenance Cost Estimates, May 2008”, provides detailed
description of unit prices for all work items.
6.2.3 Civil Works Construction Costs
140. Table 6.2-2 summarizes the civil works construction costs. Civil works includes 6,966m of
underground tunnel section (i.e. a total of 13,932m of bored tunnel), 2,513m of viaducts, 1 section of
open tunnel and 1 section of cut and cover tunnel. It also include the construction of 9 underground
stations and 1 elevated station, 18 emergency and/or dewatering cross-passages and 1 rear garage at
Ben Thanh.
141. The above mentioned construction cost does not include land use cost and cost for removal
and relocation of technical infrastructure works which are included under a separate item.
6.2.4 Equipment Costs
142. The equipment costs include all non-system related and system related electrical and
mechanical equipment, as described in Table 6.2-2, and rolling stock (12 x 3-car trains plus spares).
At this stage an indicative amount has been included for the system for delivering power to the trains.
Detailed estimation will be required once a choice of catenary or 3 rd rail has been made. The costs do
not include ticketing system costs, which will be covered under a separate contract.
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