Conde, Allaida G.

3765 CHE 522

Assignment #12: Detailed Estimate

Make a project control estimate of the fixed capital investment for a process plant if the purchased
equipment cost is $100,000. Use the ranges of process-plant cost components in capital investment for
a process plant handling both solids and fluids with a high degree of automatic controls and essentially
outdoor operation. Do not include land.

Component Range of FCI Selected % of Normalized %

(%) FCI of FCI
Direct Costs
Purchased Equipment 15-40 27.5 21.24
Purchased Equipment Installation 6-14 10.5 8.11
Instrumentation and controls 2-12 12 9.27
(installed)
Piping 4-17 10.5 8.11
Electrical (Installed) 2-10 6 4.63
Buildings 2-18 2 1.54
Yard Improvement 2-5 3.5 2.70
Services Facilities 8-30 19 14.67
Indirect Costs
Engineering and Supervision 4-20 12 9.27
Construction Expenses 4-17 10.5 8.11
Legal Expenses 1-3 2 1.54
Contractor’s Fee 2-6 4 3.09
Contingency 5-15 10 7.72
129.5

FCI = (100000) (100) / 21.24 = 470809.7928

Accounting ±30 % Accuracy:
(470809.7928) (0.7) = 329566.86
(470809.7928) (1.3) = 612052.7306
FCI Range : $ 329566.86 - $ 612052.7306