Chemical engineering cost index
Chemical engineering cost index
(OP)
Guys, I've a compressor repair cost that I'd like to back-date from the present day to end-2005.
Could anyone suggest a suitable cost index and provide any data that could help?
Any help greatly appreciated
Best
Could anyone suggest a suitable cost index and provide any data that could help?
Any help greatly appreciated
Best





RE: Chemical engineering cost index
HAZOP at www.curryhydrocarbons.ca
RE: Chemical engineering cost index
If the repair was mostly labour, not materials, then you may want to use the labour sub-index.
RE: Chemical engineering cost index
The repair actually comprises the internal re-coating of a compressor with a Ni-P protective coating (original danaged by corrosion). The repair involves dipping the compressor into a bath wherein the relevant surfaces get plated (known as electroless plating).
The supplier is Japanese, the customer Algerian.
I have a global quotation for the work, materials and labour are not broken down. The re-coating was part of the original manufacture so I guess a materials index would be more appropriate.
Any thoughts?
Best
RE: Chemical engineering cost index
Best regards
RE: Chemical engineering cost index
Nelson-Farrar Inflation Index 1941.7
Materials component 1179.1
Labor component 2450.1
Miscellaneous equipment 1067.3
Pumps, compressors, etc. 1701.0
Electrical machinery 513.7
Internal-comb. engines 931.0
Instruments 1111.7
Heat exchangers 1079.2