Equipment Cost Estimator — Lang Factor CEPCI

CAPCO

FEL-3 Equipment Cost Estimator — Lang / Hand Factors · CEPCI Escalation

AACE CLASS 3 ±30% LANG / HAND CEPCI INDEX

Project Basis

Project / plant name

Plant type (for Lang factor)

Installation factor method

Lang factor (f)

4.74

TIC = f × Σ (purchased equipment cost)
Includes installation, piping, civil, instruments, electrical, insulation, painting.

Estimate accuracy

Location factor

CEPCI Cost Escalation

Escalate published cost data from reference year to current year using the Chemical Engineering Plant Cost Index.

Reference CEPCI (data year)

index

Current CEPCI (today)

index

Reference year

year

Current year

year

Escalation ratio (current / reference) 1.447

Key CEPCI references: 2001=394, 2010=551, 2014=567, 2018=603, 2020=596, 2022=816, 2023=797, 2024=~820.

CAPEX Build-up Factors

Engineering & procurement

Contingency

Owner's costs (OSBL)

Commissioning & start-up

These percentages are applied on top of TIC to build the Total Project Cost (TPC).

Equipment List — Purchased Equipment Costs (PEC)

Enter bare purchased cost at reference CEPCI conditions. The engine applies CEPCI escalation, location factor, and Lang/Hand installation factors automatically.