Estimated maximum rower’s budget:

 

- Registration and entry fees                                                                £4,500   ex VAT
- Participation in the cost of the race media coverage                    £9,000   ex VAT
- Plywood kit parts and assembly materials                                     £9,000   ex VAT
- Labour costs for assembling the kit and finishing                      £36,000 ex VAT
  the hull and deck.
- Fitting out with electronic, safety and other equipment              £22,500 ex VAT
- Organisation, communication, travel, lodgings etc                    £18,000 ex VAT
- Miscellaneous and unforeseen events                                           £4,500   ex VAT

- Total estimated maximum budget                                              £102,500 ex VAT

NB: Construction using unskilled labour would save approximately £31,500 in labour costs.

An exchange rate of 1€/£0.9 was used for these calculations.