Tank study cost estimation acc.to AP I650
Tank study cost estimation acc.to AP I650
(OP)
I know that the forum is focused only to technical aspects about tank design but it would be intersting to see what is approximately the cost estimation for the calculation of a tank (including the fabrication drawings)according to API 650, worldwide.As for an example let's assume a fixed roof tank 50000m3 .





RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
I have done many of these, but I would like to add:
- Have some idea of the coating system that you need
- Know what kind of tank foundation and containment will be part of the installation
- Fire protection (if required)should be part of the cost.
-MJC
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
RE: Tank study cost estimation acc.to AP I650
The "seat of the pants estimate" of $5000 for a 1,320,000 gallon (50,000 cu.m)tank may be quite a bit light.
Any tank this large would require an extensive soils evaluation of the site which would overshadow the cost of the tank installation cost.
Again, IMHO the selection of coatings is important. Secondary containment choices can add hundreds of thousands of dollars.
At a ballpark cost of $1.00 to $1.75 a gallon, we are, of course talking about a multi million dollar tank.
My opinion only
MJC
RE: Tank study cost estimation acc.to AP I650
How did you come out with that number on price/gallons? Is there any data or method on how to estimate the final price of above ground storage tank? Thanks.
RE: Tank study cost estimation acc.to AP I650
Again, foundation and coatings costs cannot be ignored. You are best served by getting a budgetary estimate from an installer.
Here is a site that may help:
http://www.matche.com/EquipCost/Tank.htm
-MJC