Description
The 2024 Front End / Conceptual Estimating Database is an indispensable tool for all construction professionals involved with the challenges of conceptual estimating and budgeting. This “breakthrough” complete estimating resource and guide provides up-to-date and easy-to-use estimating data that you will use on a frequent basis. The Database includes details on pricing out major construction projects and change orders. It contains detailed information on the following topics:
• Front End / Conceptual CAPEX Estimating Issues • Capital Cost Estimating Fundamentals
• Capital Cost Estimating Methods
• Benchmarking Data
• Exponents / 6/10ths Rule Scale Up Values
• Ratio / Percentage Factors and M.E. Multipliers
• Square Foot / M2 Unit Prices (60 + Building – Facility Types) • Unit Prices (Labor and Materials) 1,000 + Cost Line Items
• Location Factors, Engineering / CM Fees, Labor Rates
• Process Equipment Prices (85+ Pages)
• Front End / Semi-Detailed Estimating Systems
ABOUT THE FIRM
ACKNOWLEDGEMENTS
SECTION 1: GENERAL INFORMATION
- Introduction to Front End / Conceptual Estimating: The General Forecast for 2021 and beyond
- The Project Control Cycle / Issues and Factors
- Cost breakdown of a Typical Chemical Process Facility The CAPEX Estimating Process
- Capital Cost Estimating the Four Basic Steps Presenting the Estimate to Senior Management Optimizing the Estimating effort
- Cost Estimating / Engineering terms
- Developing An Estimate Plan
- Estimating Methods
SECTION 2: COST-ESTIMATING CONCEPTUAL FRONT-END DATA
- Capacity / Exponent Estimates (6/10th rule) Method (+/- 25% – 30% Accuracy)
- Lang, Wroth, Guthrie, Chilton and Hand factors
- 50+ Typical Ratio Factored / Percentage Values / Historical Facility Cost Close Out Reports
- Cost-Capacity equations / exponents (180 +)
SECTION 3: CAPITAL COST ESTIMATING FUNDAMENTALS:
- Blue Sky / O.O.M. Order of Magnitude Estimate / Factored / Ratio Estimates / Exponent Estimates / Square Foot.
- The Estimating four step process
- Capital Cost Estimating Terms
- Estimating Types / Accuracy
- Engineering Deliverables & Budget:
- Pricing to compile various estimates
- Resolution allowance / Undefined Scope Allowance
- Developing an Estimating Plan
SECTION 4: SEMI-DETAILED COST-ESTIMATING DATA
- General Conditions / Demolition work
- Site Construction work
- Civil, Foundations / U.G. Utility work
- Structural Steel Framing / Platforms
- External Wall Systems
- Roofing, Siding & Miscellaneous items
- Internal walls / Doors / Ceilings / Flooring / Glass
- Material Handling Equipment and Specialized Equipment
- Mechanical Equipment / Plumbing / HVAC & Fire protection
- Electrical / Instrumentation systems
- Clean room construction items
- Home Office Engineering, Procurement and Construction (EPC) Staff Rates Typical Engineering Production Hours
- Process Piping Systems
- Piping Material adjustments
- Major Equipment Insulation
- “All In” Unit Material Price Checklist
- Budget Pricing Stainless Steel Tubing / Piping
- Average Number of Fittings / Valves
- Major Equipment and Piping Insulation
- Instrumentation Costs
- Welding metrics
- Pipeline(s) Metrics
- Rail Road Cost Benchmarks
- Robotic systems
- In-direct Labor Open Shop Benchmarks and Assumptions
- Warehouse Miscellaneous Equipment
SECTION 5: ESTIMATING MISCELLANEOUS SUPPORTING DATA
- Check-list of Front End Estimating / Site Management Issues Excavation Equipment Production Rates
- Reinforced Concrete 3,500 PSI / 25 MPA Budget Pricing
- Value Engineering / Cost Optimization Methods (COM)
- USA & International Location Factors
- Engineering Productivity V’S USA Standards
- Detailed Design / Engineering / Architectural & CM Fees
- Open Shop / Non – Union Labor Costs
- Material Adjustment Values (Piping)
- Sales Tax (50 US states and 10 Canadian Provinces)
- Production / Utility Equipment Benchmarks (90 + Cost models) Inflation / Compass Cost Index
SECTION 6: EPC HISTORICAL COST MODELS & BENCHMARKS
- General Production Benchmarks (80 +)
- Estimate Assessment Sheet / Ratio Analysis
- Major Equipment delivery times / USA Construction Productivity