What do we do when equipment is larger than CapCost can cost?.The utilities, raw materials and cash flow sections will be covered later in the Economic Analysis workshop.One of the sheets in an Excel workbook.A movie to illustrate the capital cost sections of CapCost.“Module Cost” Of Plant Add Contingency and Fees (building permits, environmental permits etc.) Module Cost = 1.18 S (of Bare Module Cost for all equipment) Module Cost = 1.18 x $46,550 = $ 54,900 Pressure Factor (Fp) Pressure Factor Fp = 1.14īare Module Factor FBM Cost of Equipment Installed Fp Fm 1.14 x 3 = 3.42 Therefore FBM = 7 Bare Module Cost = Base Cost x FBM = $6650 x 7 = $46,550 )ĭetermine Equipment Cost Note: Price for Carbon Steel Construction and 0 Bar(g) Fixed Tube exch with 28 m2 = $6500 Convert To Today’s $’s using the CEPCI valueįactor to Today’s Cost $6500 * (1999 CECPI / 1996 CECPI) = today’s cost $6500 x (390.6 / 381.7) = $6650 in 1999 Buildings, product storage, loading and unloading facilities.
Method 2: The CapCost Approach Equipment Parameters (Pressure, MOC, Size, Hp …) “Base Cost” = Purchase Cost of Equipment - in Carbon Steel and 0 barg Which One Do We Want? Bare Module Factor = f (Factorpressure, Factormaterial) BARE MODULE COST (Directs and Indirects) - installed equipment in actual materials and actual pressure Module Factor = 1.18 MODULE COST OF PLANT - for expansion to an existing Plant -contingency 15%, fees 3% CHEE 470 Stops Here Grass Roots Factor = 1.30 GRASS ROOTS COST OF PLANT - infrastruction (utilities, off-sites aux. Method 1: Lang Factored Estimate Total Capital Cost = Flang * (Sum Of Purchased Cost of Equipment) Flang = 4.74 for fluid processing plant escalation TOTAL PROJECT (CAPITAL) COST.engineering, freight, insurance, overhead, const supervision.bulk materials (piping, valves, instruments) & labour to install.View the movies on the CD (run cost.html) with a computer that has speakers and Quicktime (at home or use the TEAM computer) Įquipment Purchase Price Equipment Factors “Off Sites” Cost Direct Field Labour (DFL) Direct Field Cost (DFC) 0.25 x DFC 0.25 x DFC Indirect Field Cost (IFC) 1.0 to 1.6 x DFL Home Office Engineering Allowances Total Project Cost (ITC) x Factors.Install the program from the CD that came with the text (run install.html).See the material in the CapCost folder.Raw material costs and product revenue.We seem to be applying simplifications and assumptions that this project doesn’t seem very ‘real.’.
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