Estimated Revenue
R 11.10 M
USD 600,200 @ 18.50
Selling Result
R 727 k
After costs & contingency
Margin %
7.0%
vs target 10% — review
Max Negative Cashflow
−R 342 k
Within R500k cap
01Project Identity & Live FinancialInputs left · auto-calculated summary right
Project Identity
Drives risks, RoC fields, proposal
Live Financial
Estimated revenueR 11,101,276
Time costs (Hrs × SLP)R 7,188,000
Client discountR 0
External subs (10% mgn)R 1,157,750
DisbursementsR 893,800
Contingencies (10%)R 1,110,128
IC costsR 25,000
WHT gross-up (info)R 3,288,206
Total cost of revenuesR 10,374,678
Selling resultR 726,598
Margin %
7.0%
on Added Value
10.1%
on Revenue
10.1%
02Commercial & TaxFX, MOB, contingency, WHT — sets the financial frame
20% — gross-up
Excluded
03Project ParametersDrives DDL scaling and project type templates
scaling on Arch / Struct / Civil / Fire / Sec
21 months · 91 weeks
Site Element Tickboxes (auto-activate DDL bundles)
04Scope & WorkstagesEnter weeks → start & end dates auto-calc from project start
| WS | Description | Include | Weeks | Start (auto) | End (auto) | Top-Down | DDL | SLP (Live) |
|---|---|---|---|---|---|---|---|---|
| WS1 | Inception | — | — | R 0 | R 0 | R 0 | ||
| WS2 | Concept | — | — | R 1,716,000 | R 1,580,400 | R 1,604,200 | ||
| WS3 | Developed | — | — | R 3,992,400 | R 4,120,800 | R 4,005,000 | ||
| WS4 | Technical | — | — | R 8,839,200 | R 8,200,000 | R 6,100,000 | ||
| WS5 | Construction | — | — | R 7,576,400 | R 6,800,000 | R 6,500,000 | ||
| WS6 | Handover | — | — | R 1,262,800 | R 1,150,000 | R 1,100,000 | ||
| CxA | Commissioning Authority | — | — | R 757,640 | R 720,000 | R 700,000 | ||
| TOTAL FEE BY METHOD | R 24,144,440 | R 22,571,200 | R 20,009,200 | |||||
How this works: Enter weeks per workstage in the gold cells. Start dates flow automatically from the Project Start (set above), each WS picking up where the previous one ends. Override the weeks any time — dates recalculate.
05Reconcile 3 MethodsAACE-style sanity check · variance >15% triggers review flag
Top-Down %
CAPEX × project type %
R 24.14 M
Sanity check only
Bottom-Up DDL
Σ deliverable hours × rates
R 22.57 M
−6.5% vs top-down
SLP Live (Tender Fee)
Weekly grid · named persons
R 20.01 M
−17.1% vs top-down
06Waterfall & Three MarginsAtana finance convention · 3 margin types
Margin %
SR ÷ Total Cost of Revenues
7.0%
R 726,598
Margin on Added Value
SR ÷ (Time + IC)
10.1%
R 726,598
Margin on Revenue
(SR ÷ Time) × Revenue
10.1%
R 1,122,172
Cost Build-up to Target Price
| Costs (time × SLP) | R 7,188,000 |
| + Contingencies (10%) | R 1,110,128 |
| + IC Costs | R 25,000 |
| + External subs | R 1,157,750 |
| + Disbursements | R 893,800 |
| Sub-total | R 10,374,678 |
| Minimum margin (7%) | R 777,089 |
| Minimum price | R 11,151,767 |
| Negotiating margin | R −50,491 |
| Target price | R 11,101,276 |
Tax Waterfall
| 1. Net fee | R 11,101,276 |
| 2. + Disbursements | R 893,800 |
| 3. + External contractors | R 1,157,750 |
| 4. Sub-total | R 13,152,826 |
| 5. + Contingencies | R 1,315,283 |
| 6. + IC costs | R 25,000 |
| 7. Cost of revenues | R 14,493,108 |
| 8. + WHT gross-up (20%) | R 3,288,206 |
| 9. Total invoice value | R 16,441,033 |
| 10. − WHT deduction | −R 3,288,206 |
| 11. Cash to Atana | R 13,152,826 |
07Historic ComparisonHow this project compares to similar past Atana data centre engagements
SNG1 — current
R 11.10 M
Margin 7.0% · 21 months
USD 11.10/W
below avg margin
Madagascar (MGA1)
R 12.40 M
Margin 9.8% · 23 months
USD 13.20/W
Tanzania (TNZ1)
R 28.50 M
Margin 10.1% · 27 months
USD 8.45/W
Nairobi Edge (KEN3)
R 8.20 M
Margin 11.5% · 18 months
USD 16.40/W
Benchmark Across 12 Past Projects · fee bars + margin line
Read-out: SNG1 sits at USD 11.10/W — between Madagascar (USD 13.20/W, similar 1MW) and Tanzania (USD 8.45/W, larger 2MW). Margin 7.0% is below the OE benchmark of 9–11%. Consider scope re-balancing on WS4 or fee renegotiation before submission.
Total Hours
7,188
across 21 months
Cost (Hrs × SLP)
R 7.19 M
Y1: 4.6M · Y2: 2.6M
Sell (Hrs × Tender)
R 11.10 M
Y1: 7.0M · Y2: 4.1M
Avg FTE
2.0
Peak WS4: 5.4
Margin on Cost
35.2%
Sell vs cost
All Workstages
WS2 — Concept
WS3 — Developed
WS4 — Technical
WS5 — Construction
WS6 + CxA
Per-Workstage Summary
| WS | Hours | Cost | Sell | Margin |
|---|---|---|---|---|
| WS2 Concept | 245 | R 252k | R 1,604k | 84% |
| WS3 Developed | 1,201 | R 1,250k | R 4,005k | 69% |
| WS4 Technical | 3,512 | R 4,200k | R 6,100k | 31% |
| WS5 Construction | 1,820 | R 1,300k | R 6,500k | 80% |
| WS6 + CxA | 410 | R 186k | R 1,800k | 90% |
| TOTAL | 7,188 | R 7,188k | R 20,009k | 64.1% |
FTE Loading by Week
Top-Down Total
CAPEX × Project type %
R 24.14 M
USD 6M × 0.022 (OE midpoint)
DDL (Bottom-Up)
Σ deliverable hours × blended rates
R 22.57 M
−6.5% vs top-down
SLP (Live, working)
Tender Fee weekly grid
R 20.01 M
−17.1% vs top-down
Top-Down by Workstage Share
| WS | Share % | Top-Down | DDL | SLP | Variance |
|---|---|---|---|---|---|
| WS2 Concept | 7% | R 1,716,000 | R 1,580,400 | R 1,604,200 | ±8.6% |
| WS3 Developed | 20% | R 3,992,400 | R 4,120,800 | R 4,005,000 | ±3.2% |
| WS4 Technical | 35% | R 8,839,200 | R 8,200,000 | R 6,100,000 | ±31% |
| WS5 Construction | 30% | R 7,576,400 | R 6,800,000 | R 6,500,000 | ±16% |
| WS6 Handover | 5% | R 1,262,800 | R 1,150,000 | R 1,100,000 | ±13% |
| CxA | 3% | R 757,640 | R 720,000 | R 700,000 | ±7.6% |
All (1067)
WS2 (245)
WS3 (301)
WS4 (521)
WS5 (—)
WS6 + CxA
Editable hours: Click any gold cell to override the template hours. Total / Cost / Sell auto-recalculate. Apply to Tender Fee pushes the updated hours into the weekly schedule.
Max Negative
−R 342k
Month 4 · Aug 2026
Financing Cost
R 3,424
@ 12% p.a.
Cap Setting
−R 500k
Within cap ✓
Final Cumulative
+R 727k
= Selling result
Cashflow — 21 Month Projection
Outflow
Inflow
Cumulative
Cap Setting
−R 342,386
R 157k under cap
R 3,424
Cap set at R500k — engine adjusts MOB% / milestones if cashflow breaches. Currently within cap, no adjustment needed.
What-If Scenarios
Increase MOB 20% → 25%−R 198k peak
Milestone billing 30/40/30−R 87k peak
DSO 30 → 14 days−R 156k peak
Stagger team mob−R 220k peak
Click any scenario to apply
Monthly Cashflow Detail
| Month | Outflow | Inflow | Net | Cumulative | Status |
|---|---|---|---|---|---|
| M1 — Apr 2026 | R 420k | R 2,220k | +R 1,800k | −R 110k | MOB inflow |
| M2 — May 2026 | R 420k | R 360k | −R 60k | −R 170k | Negative |
| M3 — Jun 2026 | R 420k | R 360k | −R 60k | −R 280k | Negative |
| M4 — Jul 2026 | R 500k | R 420k | −R 80k | −R 342k | PEAK NEG |
| M5 — Aug 2026 | R 500k | R 420k | −R 80k | −R 310k | Recovering |
| M6 — Sep 2026 | R 500k | R 420k | −R 80k | −R 260k | Recovering |
| … 15 more months … | |||||
| M21 — Dec 2027 | R 50k | R 420k | +R 370k | +R 727k | Final |
| Trip | People | Days | Hotel/night | Flights | Ground/day | Per diem | Total |
|---|---|---|---|---|---|---|---|
| Concept review trip | 2 | 4 | R 4,500 | R 36,000 | R 800 | R 1,200 | R 124,800 |
| Site visit 1 (WS3) | 2 | 3 | R 4,500 | R 36,000 | R 800 | R 1,200 | R 111,000 |
| Site visit 2 (WS4) | 2 | 3 | R 4,500 | R 36,000 | R 800 | R 1,200 | R 111,000 |
| Site visit 3 (WS5) | 2 | 3 | R 4,500 | R 36,000 | R 800 | R 1,200 | R 111,000 |
| CxA / IST onsite | 2 | 21 | R 4,500 | R 36,000 | R 800 | R 1,200 | R 363,000 |
| Haskoning visit (Boon) | 1 | 4 | R 6,500 | R 55,000 | R 1,200 | R 1,500 | R 91,800 |
| TOTAL DISBURSEMENTS | R 893,800 | ||||||
| Study | Vendor | Cost | Margin % | Sell | Include |
|---|---|---|---|---|---|
| Acoustic study | TBC | R 420,000 | 10% | R 462,000 | Yes |
| CFD analysis | TBC | R 180,000 | 10% | R 198,000 | Yes |
| Topo + point cloud scan | TBC | R 220,000 | 10% | R 242,000 | Yes |
| MHI | TBC | R 120,000 | 10% | R 132,000 | Yes |
| TVRA | TBC | R 112,500 | 10% | R 123,750 | Yes |
| TOTAL | R 1,052,500 | R 1,157,750 | |||
Total Risks
12
Total Weight
11.5%
Adds R 1.28M contingency
Auto from Library
8
Manual / Custom
4
| Source | Risk | Weight % | Mitigation | Owner | Status |
|---|---|---|---|---|---|
| Country | FX volatility XOF/ZAR | 1.5% | Hedge buffer; 3-month price validity | Sancha | Open |
| Country | Cross-border H&S, ESB approval | 0.5% | Country Plan; medical screening | PM | Open |
| Type | EoR design quality varies (OE) | 1.0% | Multiple review rounds; comments tracker | DM | Open |
| Client | Client credit rating amber | 2.0% | Increased MOB; tighter payment terms | Finance | Open |
| General | x1 Liability fee cap | 2.0% | Limited to 1× fee under contract | Legal | Open |
| General | Scope creep / poor scope definition | 2.0% | Confirm deliverables per stage | DM | Open |
| General | Staff continuity / resourcing | 1.0% | Resource planning; succession on key roles | PD | Open |
| Manual | Regulatory delays Senegal | 1.0% | Local agent; permit lead-time | PM | Open |
| TOTAL | 11.5% | → adds R 1,276,647 contingency | |||
To:
SA-ROC
From:
Sancha Olivier
Date:
25 April 2026
Reference:
IP0344
Aspect
Description
Project Name:
SNG1: Greenfields Data Centre, Diamniadio, Senegal
Due Date PQ / Proposal:
18th March 2026 (Atana draft bid submitted)
Direct Client & End Client:End Client refers to the ultimate client and Direct Client refers to the entity Atana contracts with
End Client: STELLAR-IX
Compliance Rating: TBC
Credit Rating: Amber
Compliance Rating: TBC
Credit Rating: Amber
Funding By:Who is / are the funders of this project for the end client
Stellar-IX corporate balance sheet + debt facilities (TBC).
Method of selection:
Combined technical & financial evaluation. Decision-maker is the Stellar-IX exec team.
Client Budget:
Estimated CAPEX of USD 6 Million
Contracting Entity and Partners:
Appointing Party: STELLAR-IX
Appointed Party: Atana (Pty) Ltd
Appointed Party: Atana (Pty) Ltd
Project Duration:
21 Months
Customer Project Scope:
SNG1: Greenfields Data Centre, Diamniadio, Senegal. 1MW Modular DC.
Atana Scope of Services:
Atana is required as Owner's Engineer to review design services produced by the EoR. WS2-6 + CxA. All MEP, structural, fire, security, and controls disciplines.
On/Off Strategy
MCF is a Leading Market within Atana. Potential for follow-on LTA.
Project Risk Classification (A-G) and proposed Project Manager and PM Tier label:
Project Tier: F
PM: Sancha Olivier with Kelvin Luvega
PM Tier: C
PM: Sancha Olivier with Kelvin Luvega
PM Tier: C
Country risk if project is in another country
Diamniadio, Senegal. Security tier: Med. ESB approval required.
Technical scope risks and provisions
Scope Creep – Provisioned for by confirmation of deliverables per stage.
Contract Conditions
Form of contract:
FIDIC White Book (Client/Consultant Model Services Agreement, 2017 ed.)
Liabilities:
Limited to 1× the fee proposed: R 11,101,276 / USD 600,069
Insurance (PI and Public Liability)
Aligned to liability limit: 1× fee.
Performance (and Process) Guarantees.
None
Suspension / Termination by Consultant
FIDIC White Book 2017: per Clause 7.
Suspension/ Termination by client
FIDIC White Book 2017: per Clause 8.
Dispute resolutions
Amicable Resolution → Mediation → Adjudication → Arbitration.
Advice from Legal
FIDIC White Book Agreement with Standard Atana Conditions where applicable.
Payment Currency:
USD. FX 18.50 ZAR = 1 USD (bid). Hedge buffer 5%.
Payment Terms
Monthly progressive billing. 30-day DSO. MOB 20% on appointment.
Cash flow:
Max −R 342,386 (within R500k cap). Project financing cost R 3,424.
Taxes
WHT included at 20%, VAT excluded. WHT grossed-up in invoice value.
Financial proposal:
Estimated Lumpsum Fee: USD 600,069 (ZAR 11,101,276). Contingency 10%. Disbursements at cost +0%.
Summary of Financial Proposal:
Lumpsum Fee (excl. VAT): R 11,101,276
Margin: 7.0% / Added value: 10.1% / Revenue: 10.1%
Margin: 7.0% / Added value: 10.1% / Revenue: 10.1%
Indexation/ Inflation
21 Months. 5% escalation applied to Y2 hours (project crosses Jan 1 2027).
Why will we win?
African DC track record, FIDIC White Book familiarity, Haskoning alliance for EU specialist review.
Enhancing Society Together (EST) Summary
Climate
0.5
Biodiversity
0.5
Resources
0.7
Social
0.6
Safety
0.7
EST Score
0.6 (baseline)
Owner's Engineer Proposal
SNG1 Modular Data Centre
Diamniadio, Senegal
Total Lumpsum Fee · USD excl. VAT, incl. WHT
USD 778,839
21-month engagement · 5 disciplines · WS2 → CxA
USD excl. WHTUSD 600,069ZAR incl. WHTR 14,389,482WHT (Senegal)20%MOB on appointment20%Bid FX18.50 ZAR/USDValidity30 days
Atana fee (excl. WHT)
R 11,101,276
7,188 hrs across 21 months
External specialists
R 1,157,750
5 studies + 10% mgn
Disbursements
R 893,800
6 trips · IST onsite
1 · Executive Summary
Atana (Pty) Ltd is pleased to submit this proposal to act as Owner's Engineer for the SNG1 Modular Data Centre, a 1 MW IT-load greenfields facility in Diamniadio, Senegal. Our scope spans concept review (WS2) through commissioning authority (CxA), covering all MEP, structural, fire, security and controls disciplines.
We bring delivered African DC track record from Madagascar (Axian / Stellar-IX), Tanzania, and Kenya, combined with our strategic alliance with Royal HaskoningDHV for European specialist peer review. Our FIDIC White Book contract familiarity, our Cape Town and Nairobi delivery hubs, and our parametric BIM 2.2 workflow on Autodesk Construction Cloud allow us to mobilise within 4 weeks of appointment.
We bring delivered African DC track record from Madagascar (Axian / Stellar-IX), Tanzania, and Kenya, combined with our strategic alliance with Royal HaskoningDHV for European specialist peer review. Our FIDIC White Book contract familiarity, our Cape Town and Nairobi delivery hubs, and our parametric BIM 2.2 workflow on Autodesk Construction Cloud allow us to mobilise within 4 weeks of appointment.
2 · Why Atana
01
African DC track record
12+ data centre projects across 8 African markets including Senegal, Madagascar, Kenya, Tanzania, Mozambique and Nigeria.
02
Haskoning alliance
26% strategic shareholding by Royal HaskoningDHV gives us European specialist peer review.
03
FIDIC White Book fluency
Default contract form. Internal legal team and PI insurance fully aligned.
04
Digital-first delivery
BIM 2.2 federated model on Autodesk Construction Cloud.
3 · Proposed Team
SV
Shaun Versfeld
Project Director
Associate Director MCF · 15+ yrs African DC delivery
SO
Sancha Olivier
Project Manager
Architect M.Arch · MCF Business Development
LC
Labeeb Chaudhry
Design Manager
Design coordination · BIM federation · RFI tracker
KL
Kelvin Luvega
Regional — East Africa
Nairobi-based · regional logistics, permitting
LB
Leendert Boon
EU Specialist · Haskoning
Senior peer reviewer · Royal HaskoningDHV alliance
+
+15 specialist resources
Discipline leads
Mech · Elec · Civil · Struct · Fire · Security · Controls · BIM
4 · Scope of Services
WS2 — Concept6 weeks · Apr–May 2026
Concept review and validation of the EoR's basis of design
Architectural BoD review, MEP cooling and power strategy validation, fire engineering strategy concurrence, structural BoD confirmation, BEP agreement.
WS3 — Developed12 weeks · May–Aug 2026
Developed design review and discipline coordination
Floor plan review, MEP layouts, SLDs, federated BIM model (weekly clash detection), fire detection & suppression review.
WS4 — Technical14 weeks · Aug–Nov 2026
Technical / construction-ready document review
Construction drawings sign-off, schedules & BoQ review, ETAP study commentary, tender pack assembly. EU specialist peer review.
WS5 — Construction53 weeks · Nov 2026 – Nov 2027
Construction-stage owner's engineer support
Monthly site meetings, RFI response, shop drawing reviews, snagging visits.
WS6 — Handover8 weeks · Nov 2027 – Jan 2028
Handover, snagging, as-built review
Defect lists, as-built drawing review, O&M manual review, handover certification.
CxA — Commissioning3 weeks · Jan 2028
Independent commissioning authority
Mech & elec commissioning witnessing, IST onsite (3 weeks · 2 leads), final commissioning report.
5 · Commercial Terms
Fee & Currency
USD 600,069
USD 778,839
R 14,389,482
R 893,800
R 1,157,750
Payment & Tax
20% on appointment
Monthly progressive
30 days from invoice
20% grossed-up
Excluded
1× fee = R 11,101,276
6 · Acceptance & Sign-off
For and on behalf of Atana (Pty) Ltd
Shaun Versfeld
Associate Director · Mission Critical Facilities
Date: ____________________
For and on behalf of Stellar-IX
[Signatory name]
[Signatory title]
Date: ____________________
| Discipline | Resource | SLP 2026 | SLP 2027 | Tender 2026 | Tender 2027 | Esc. |
|---|---|---|---|---|---|---|
| Director | Versfeld, Shaun (922402) | R 2,000 | R 2,100 | R 2,415 | R 2,536 | +5% |
| Project Manager | Olivier, Sancha | R 1,375 | R 1,444 | R 1,995 | R 2,095 | +5% |
| Design Manager | Chaudhry, Labeeb (926393) | R 850 | R 893 | R 1,680 | R 1,764 | +5% |
| BIM Manager | Welman, Hein | R 1,365 | R 1,433 | R 1,103 | R 1,159 | +5% |
| Senior Architect | Coetzer, Elmarie (927187) | R 1,500 | R 1,575 | R 1,575 | R 1,654 | +5% |
| EU Specialist | Boon, Leendert (Haskoning) | €215 / R 4,193 | €226 / R 4,402 | R 4,500 | R 4,725 | +5% |
| Trigger | Match value | Risk | Default % | Mitigation |
|---|---|---|---|---|
| General | All projects | x1 Liability fee cap exposure | 2.0% | Liability limited to 1× fee |
| General | All projects | Scope creep / poor scope definition | 2.0% | Confirm deliverables per stage |
| Client | Amber | Client credit rating amber | 2.0% | Increased MOB; tighter payment terms |
| Country | Senegal | FX volatility XOF/ZAR | 1.5% | Hedge buffer; 3-month price validity |
| Country | Nigeria | Payment delays, NGN volatility | 2.5% | MOB increased; milestone billing |
| Type | OE | EoR design quality varies | 1.0% | Multiple review rounds |
| Type | Greenfields | Geotech / topo unknowns | 2.0% | Specialist studies provisioned |