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Similaire à Capital cost estimating – owner’s costs in an EPC project delivery method
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Capital cost estimating – owner’s costs in an EPC project delivery method
- 1. C A P I T A L C O S T E S T I M A T I N G – O W N E R ’ S C O S T S I N A N E P C P R O J E C T D E L I V E R Y M E T H O D D O I N A D O B R E
- 2. W H A T A R E O W N E R ’ S C O S T S I N A N E P C C A P I T A L P R O J E C T ? Generally speaking, I would say that the Owner’s costs are all the costs required to bring a project to a commercially operable status, less the cost of the EPC contract.
- 3. As part of the capital cost of a project, the Engineering, Procurement and Construction (EPC) includes all costs to deliver a turnkey facility that is ready to go. EPC – What is in the name?
- 4. The EPC contractor is responsible for the design, procurement, construction, and commissioning & start-up. EPC – What is in the name?
- 5. Direct cost Indirect Costs P R O J E C T C A P I T A L C O S T B R E A K D O W N
- 6. T H E D I R E C T C O S T S A R E A L L T H E C O S T S I N C L U D E D I N T H E E P C C O N T R A C T : Detailed design Site investigations Procurement Contractor’s direct and indirect construction costs Commissioning & Start-up Contractor’s overhead and fees
- 7. T H E I N D I R E C T C O S T S A R E : Project contingency Owner’s costs
- 8. O W N E R ’ S C O S T S Pre-production costs Inventory capital Land costs Financing costs Preliminary feasibility studies Front-end engineering design study Community support Site development outside of project boundaries Camp and housing facilities Temporary site services and facilities
- 9. O W N E R ’ S C O S T S C O N T I N U E D . . . Insurance Freight for Owner’s supplied equipment (if any) Currency exchange Legal fees Permitting and permits Owner’s engineer Owner’s Project Management Owner’s contingency (Owner’s reserve) Taxes Escalation during capital expenditure period Interest on debt during capital expenditure period
- 10. W A N T T O R E A D M O R E A R T I C L E S O N C O S T E S T I M A T I N , O R G E T A C C E S S T O T R A I N I N G ? http://www.LearnCostEstimating.com https://www.EmeraldGroup-Learning.com VISIT US AT: