Various Industrial Construction Facility Benchmarks

compass internationalThe following construction benchmarks are provided by Compass International as a reference source for Construction Professionals involved in producing or validating industrial type CAPEX estimates, such as Power Plants, Refineries and other Industrial facilities: This data has been collected, analyzed and conditioned from Compass International’s historical cost library.

#DescriptionCost Range / Multiplier
1Major Equipment (M.E.) multiplier, to determine facility cost multiply (M.E.) purchase cost by indicated multiplier to determine overall facility cost. 3.0 – 5.0 (Could be 5.0 – 7.0 for remote plants and facilities using a high percentage of Stainless Steel and other exotic metals)
2Bio-Diesel Facility – Construction Cost - (Total Facility based on production capacity) – Flax, palm oil, sunflower and soybean. $0.90 - $1.40 per gallon Average $1.15 per gallon
3Steel Mill – Construction Cost - (Total Facility based on production capacity).$550 -$700 Ton Average Cost $625 / Ton
4Refinery (Oil) – Construction Cost - (Total Facility based on production capacity) – 50,000 BBL – 250,000 BBL / day.$20,000 - $50,000 per BBL Average Cost $35,000 per BBL
5Ethanol Plant – Construction Cost - (Total Facility based on production capacity).$1.60 - $1.75 per gallon for a 25 million gallon a year plant.
$1.50 - $1.65 per gallon for a 50 million gallon a year plant.
$1.40 - $1.55 per gallon for a 100 million gallon a year plant.
6Cement Plant – Construction Cost - (Total Facility based on production capacity).$225 -$335 Ton Average Cost $280 / Ton
7Alumina Facility.Facility cost per pound / kg of production $0.60 - $0.65 per pound $0.27 - $0.30 per kg of production Excludes OSBL work typically an additional 10% - 30% of facility cost
8Combined Cycle Power Plant (Gas) – Construction Cost.Total Facility based on production capacity $820 - $1,200 per kW
9Simple Cycle Power Plant (Gas) – Construction Cost.Total Facility based on production capacity $800 - $1,100 per kW
10Freight (USA in country).3% - 5% of M.E. / Bulk material cost
11Ocean Freight.5% - 10% of M.E. / Bulk material cost
12Cost of temp facilities per direct field construction hour on North American projects.$0.45 - $0.70
13Consumables cost per direct field man-hour specific to North American projects.$2.65 – $5.75
14Small tools cost per direct field man-hour specific to North American projects.$0.75 - $1.95
15Construction equipment cost per direct field man-hour specific to North American projects.$5.75 - $10.85

For additional benchmarks and similar types of construction cost refer to refer to our 2017 Front End / Conceptual Estimating Yearbook

Download the PDF

View our Cost Books