Unitel Technologies employs a number of methods and tools to efficiently develop cost estimates with available data and project information. Our knowledge and history with pilot plant, demonstration plant and other modular systems combined with our broad process industry experience provides us a rich database to develop cost estimates during early project phases in which the level of detailed information is limited.
We typically use factored models for the Feasibility Study phase as the primary cost estimating methodology. The factored models may be equipment based or P&ID material based where the cost of instrumentation is leveraged along with equipment in the cost estimate. Our models employ our in-house major equipment and instrumentation data base and factoring methods combined with the ASPEN Cost Estimator.