How to Build a Flooring Budget with Your Supplier’s Quoted Rates

THE SGFLOORHUB WORKBOOK · VISUAL GUIDE

Watch the 0:38 visual guide — Budget

Illustrated walkthrough · No audio · Press Play to begin. Open the tool.

1. Start with two area figures

Enter the measured installation area and the material order area separately. You can bring an area record from the calculator in the same browser tab, or type the figures yourself. Our example uses 32 m² measured and 37.5 m² ordered. Confirm both with the provider. Select the area unit and quotation rate unit carefully; a rate per square foot is not the same number as a rate per square metre. Keep the product reference beside the calculation so quantities and prices refer to the same material.

2. Enter the rates without double-counting

For illustration only, enter S$30/m² for material supply and S$12/m² for installation. The material line becomes 37.5 × 30 = S$1,125. Installation becomes 32 × 12 = S$384. These invented demonstration rates are not Singapore market prices. If a supplier’s package already includes installation, do not add the same labour again. Enter zero in the separate installation field and retain a note describing what the package covers.

3. Add the written extras and check tax treatment

Open the additional cost lines and enter quantity, unit and unit price for each applicable item. The worked example includes one hypothetical lot of additional work at S$100, producing a S$1,609 subtotal. Choose the GST treatment from the supplier’s proposal. Where 9% GST is to be added to these example figures, it is S$144.81, giving S$1,753.81 before any reserve. Where entered prices already include GST, do not add it again. Check the current treatment and rate with IRAS and the provider.

4. Review the total and export your assumptions

Calculate the budget and read the line breakdown. A reserve of 0% is used in this example; choosing another reserve changes the planning total. That reserve is money you choose to allow for, not an extra supplier invoice charge. Copy or print the record, then use the Quotation Checklist to investigate anything missing. An unpriced preparation item is unresolved scope even if its input currently reads zero. Update the budget when the provider confirms quantities or issues a revised proposal.

Worked budget with every amount visible

The rates are invented for demonstration, not market benchmarks. Apply the supplier’s actual GST treatment. A reserve is a planning allowance, separate from the provider’s charges.

Practical questions