2021 Front End/Conceptual Estimating Yearbook

The 2021 Front – End / Conceptual Estimating Yearbook 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.

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Description

The 2021 Front End / Conceptual Estimating Yearbook 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 book 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

Additional information

Weight 3.5 lbs

Construction Types

Construction Types

The cost estimating data is appropriate to the following types of construction:

  • Refineries
  • Chemical & Manufacturing Facilities
  • Power Plants
  • Logistic Centers
  • Steel Mills
  • Mining Operations
  • Jetties
  • Pipelines
  • Highways
  • Airports
  • Public Buildings
  • Hotels
  • Schools
  • High Rise Building