My budget for the exhibition is 15 million pounds.
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Added on 2019-09-19
My budget for the exhibition is 15 million pounds. The exhibition has 12 artworks and must be maintained for 3 years, market price: 1. HKD 2,240,0002 HKD 1,625,000 104×106cm3 HKD 150,000 44.7×34.2cm4 HKD 4,880,000 132×40.5cm5 HKD 437,500 66.2×67.5cm6 RMB 8,855,000 127.5×55cm7 HKD 4,240,000 87×181cm8 RMB 3,680,000 30×21cm9. RMB 288,000 100×200cm10 RMB 3,220,000 11. RMB 59,570,00012 HKD 8,260,000assume all this artworks are in mainland china and Hong Kong(depend on the currency). in the first excel I need all cost to bring them to London. All cost that can trace to the individual artwork directly must be included this sheet. Firstly, convert all market into pounds. And add all import export tax, VAT(pls do more research here) in England, DHL express etc. for framing, only artwork no. 2 3 4 5 6 7 8 9 need framing. The size in provided please try to research for the price. And work out the total amount of all the artworks. Also insurance for transportation more information regarding what to include in each excel 1: The budget (capital provided by your benefactor) must cover the following costs, which should be computed and reported using Excel: Total market value of works of art; excel 1 Associated expenses (e.g., insurance, shipping, framing, installation, taxes, customs,repairs, art consultant fees); excel 1 For transportation costs, excel 1Item Price(original currency)Price in pound VAT...IMPORT tax..dhl...framing..1 HKD 2,240,000
For the second excel it is all the indirect cost associate with the exhibition. You can present in the way you think is appropriate. The insurance in included in this section. Annual Maintenance Budget (including insurance, climate control, conservation, etc.) for the duration of three years. There are a café inside the hall. I need to hire 5 labors for the café and 3 staff for the exhibition. Other combination is also acceptable as long as reasonable. If money is not enough just make it less Insurance costs should be based on the following premium scales excel 20.25% of total value for a collection up to GBP 5,000,000; 0.15% from GBP 5m to GBP 10m; 0.1% or slightly lower in excess of this amount.’ This is assuming 2 dimensional art of conventional size.’Therefore, assuming 2D works: 1.5m - premium GBP 2,500 Those figures assume static only cover (ie no transits) and are exclusive of insurance premium tax at 10%.’(10% of the insurance)Include all other cost you think is necessary in the period of three years
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