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. 2023 Nov 11;9(11):e22261. doi: 10.1016/j.heliyon.2023.e22261

Table 4.

Total project investment estimation method [3,22].

Parameter Percent of delivered equipment cost (%)
Total Purchased Equipment Cost (TPEC) 100
Service facilities 55
Buildings (including services) 47
Electrical systems 31
Instrumentation and controls 26
Piping 10
Purchased equipment installation 39
Yard improvements 12
Total Installed Equipment Costs (TIEC) TPEC * 3.20
Legal and contractors' fees 23
Engineering 32
Building 34
Contingency 15 % of Fixed capital investment (FCI)
TIC 1.26 * TPEC
FCI TIEC + TIC
Working capital (WC) 75
TCI FCI + WC