Cost Indexes

Estimating Equipment
Cost by Scaling
Installation Cost
Piping Cost
Electrical Cost
Building Cost
 Equipment & material-detail drawing &
specifications

 Installation Cost- labor rate, working hrs, engg

cost, supervision cost

 Site Development- site survey

 Equipment & material-quotation from vendors or index
corrected value

 Installation Cost- fraction of equipment cost

 Concrete, steel, pipe, electrical, instrumentation,

insulation- unit cost

 Engg. – unit cost

 Construction expense, contractor’s fee, contingency-

recent project
 Other items- percentage of delivered
equipment cost

 Additional components-avg
percentage of total cost