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Allowances

This document provides information on cost allowances for different project elements. It includes three notes that describe how the allowances are determined. The allowances include design allowances, construction practices allowances, and contingencies. The design allowances depend on the level of engineering documentation available and can range from 0-30% depending on the element. The construction practices allowances are based on historical waste data and range from 3-20%. The contingency allowances are set through risk analysis and can vary significantly based on project considerations.

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55 views1 page

Allowances

This document provides information on cost allowances for different project elements. It includes three notes that describe how the allowances are determined. The allowances include design allowances, construction practices allowances, and contingencies. The design allowances depend on the level of engineering documentation available and can range from 0-30% depending on the element. The construction practices allowances are based on historical waste data and range from 3-20%. The contingency allowances are set through risk analysis and can vary significantly based on project considerations.

Uploaded by

kaml
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Allowances Detail

Data

Data
Description
Accuracy - Normal
Accuracy - Revamp Project
% Engineering Documentation Available

5/5/2003

Information Quality
Definitive
+/- 5 - 10%
+/- 10 - 15%
50% to 100%

Information Quality
Conceptually Defined
+/- 10 - 15%
+/- 15 - 30%
10% to 50%

Information Quality
Factored / Schematic
+/- 15 - 30%
+/- 30 - 50%
3% to 10%

0 - 15%
0 - 10%
0 - 10%
0 - 10%
0 - 10%
0 - 10%
0 - 10%
0 - 10%
0 - 5%
0 - 15%
0 - 5%
0 - 15%
0 - 10%
0 - 10%
0 - 10%
0 - 10%
0 - 5%

3 - 20%
3 - 20%
3 - 20%
3 - 20%
5 - 20%
3 - 20%
3 - 20%
3 - 20%
2 - 8%
5 - 20%
2 - 8%
5 - 20%
3 - 20%
3 - 20%
3 - 20%
3 - 20%
2 - 8%

10 - 30%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
5 - 10%
10 - 30%
5 - 10%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
10 - 30%
5 - 10%

0.00
10%
10%
0%
10%
10%
0%
0%
0%
10%
0%
10%
10%
10%
10%
10%
0%

0.00
10%
10%
0%
10%
10%
0%
0%
10%
10%
0%
10%
10%
10%
10%
10%
0%

10%
10%
10%
0%
10%
10%
0%
0%
10%
10%
0%
10%
10%
10%
10%
10%
0%

Level 3 (3 - 10%)

Level 2 (5 - 15%)

Level 1 (10 - 20%)

Inf
Or

Allowances
Design Allowance Note 1
Demolition
Site Prep / Improvements
U/G Electrical
U/G Pipe
Architectural
Concrete
Steel
A/G Pipe
A/G Electrical Tags
A/G Electrical Bulks
Instrumentation Tags
Instrumentation Bulks
Insulation
Paint
Grout
Fireproofing
Equipment

Construction Practices Note 2


Demolition
Site Prep / Improvements
U/G Electrical
U/G Pipe
Architectural
Concrete
Steel
A/G Pipe
A/G Electrical Tags
A/G Electrical Bulks
Instrumentation Tags
Instrumentation Bulks
Insulation
Paint
Grout
Fireproofing
Equipment

Contingency Note 3

Note 1 Design allowance for each cost category must be established by the project team. Percentage varies based on level of detail for each item.
Note 2 Construction practice is allowance for waste and percentage is set by historical data.
Note 3 Contingency is set thru a risk analysis. See Risk Group for details. Percentage varies depending on numerous project considerations.
Note 4 Production Check Estimate (PCE) is a Definitive estimate normally done at 70%+ engineering.
Note 5 First Check Estimate (FCE) is a Conceptually Defined estimate normally done at 30%+ engineering.

Allowances

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