SECTION 1 - STANDARD EQUIPMENT FACTORED ESTIMATING 1) Calculate the Total Installed Cost (TIC) of a plant based upon the following equipment cost data. Description Qty UoM columns 8 Ea Unit Purchase Cost ($US) $1,618,000 Total Equipment Purchase Cost ($US) Field Cost Total Equipment Type Field Cost Factor ($US) Factor Columns 2.60 vertical vessels 17 Ea $1,110,000 Vertical Vessels 3.10 horizontal vessels 20 Ea $952,600 Horizontal Vessels 2.50 shell-and-tube exchangers 25 Ea $345,000 Shell & Tube Exchangers 4.10 plate-fin heat exchangers 8 Ea $190,000 Plat-Fin Heat Exchangers 2.00 pumps, motors 34 Ea $82,000 Pumps, motors 3.40 Total Equipment Cost (TEC) Direct Field Cost (DFC) Direct Field Labor (DFL) 20% of DFC Indirect Field Cost (IFC) 110% of DFL TOTAL FIELD COST (TFC) = DFC + IFC Home Office Cost (HOC) 22% of DFC Commissioning 6% of DFC Contingency 9% of TFC plus HOC TOTAL INSTALLED COST (TIC)
SECTION 1 - STANDARD EQUIPMENT FACTORED ESTIMATING 1) Calculate the Total Installed Cost (TIC) of a plant based upon the following equipment cost data. Description Qty UoM columns 8 Ea Unit Purchase Cost ($US) $1,618,000 Total Equipment Purchase Cost ($US) Field Cost Total Equipment Type Field Cost Factor ($US) Factor Columns 2.60 vertical vessels 17 Ea $1,110,000 Vertical Vessels 3.10 horizontal vessels 20 Ea $952,600 Horizontal Vessels 2.50 shell-and-tube exchangers 25 Ea $345,000 Shell & Tube Exchangers 4.10 plate-fin heat exchangers 8 Ea $190,000 Plat-Fin Heat Exchangers 2.00 pumps, motors 34 Ea $82,000 Pumps, motors 3.40 Total Equipment Cost (TEC) Direct Field Cost (DFC) Direct Field Labor (DFL) 20% of DFC Indirect Field Cost (IFC) 110% of DFL TOTAL FIELD COST (TFC) = DFC + IFC Home Office Cost (HOC) 22% of DFC Commissioning 6% of DFC Contingency 9% of TFC plus HOC TOTAL INSTALLED COST (TIC)
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Solve the questions below by typing in the correct factors or variables into the cells highlighted in orange and the right formulas into the cells highlighted in yellow.
Transcribed Image Text:SECTION 1 - STANDARD EQUIPMENT FACTORED ESTIMATING
1) Calculate the Total Installed Cost (TIC) of a plant based upon the following equipment cost data.
Description
Qty
UoM
columns
8
Ea
Unit Purchase Cost
($US)
$1,618,000
Total Equipment
Purchase Cost ($US)
Field Cost
Total
Equipment Type
Field Cost
Factor
($US)
Factor
Columns
2.60
vertical vessels
17
Ea
$1,110,000
Vertical Vessels
3.10
horizontal vessels
20
Ea
$952,600
Horizontal Vessels
2.50
shell-and-tube exchangers
25
Ea
$345,000
Shell & Tube Exchangers
4.10
plate-fin heat exchangers
8
Ea
$190,000
Plat-Fin Heat Exchangers
2.00
pumps, motors
34
Ea
$82,000
Pumps, motors
3.40
Total Equipment Cost (TEC)
Direct Field Cost (DFC)
Direct Field Labor (DFL) 20% of DFC
Indirect Field Cost (IFC) 110% of DFL
TOTAL FIELD COST (TFC) = DFC + IFC
Home Office Cost (HOC) 22% of DFC
Commissioning 6% of DFC
Contingency 9% of TFC plus HOC
TOTAL INSTALLED COST (TIC)
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