Tank Installation - Cost Rules of Thumb
Tank Installation - Cost Rules of Thumb
(OP)
Hi all,
Does anyone have a reference or just an idea (+/- 30% estimate) for the cost of installing a large API 650 design tank in an onshore location.
I have material costs, however I was looking for an estimate/rule of thumb guide that I could use to give me an estimate for an installed cost - i.e. inlcuding civil costs, erection, etc.
Any information greatly appreciated.
Rees
Does anyone have a reference or just an idea (+/- 30% estimate) for the cost of installing a large API 650 design tank in an onshore location.
I have material costs, however I was looking for an estimate/rule of thumb guide that I could use to give me an estimate for an installed cost - i.e. inlcuding civil costs, erection, etc.
Any information greatly appreciated.
Rees





RE: Tank Installation - Cost Rules of Thumb
I am fairly young in the industry however it has been my experience that in order to get to a magnitude +/- 30% cost estimate some idea of the location of the installation is required. Domestic vs international, region specific usually. So i guess i would need more info in order to help you with some quick rules of thumb i have used for the indirect costs.
regards,
MAeng11
RE: Tank Installation - Cost Rules of Thumb
Location is north Africa desert location.
Thanks again
RE: Tank Installation - Cost Rules of Thumb
One of the first things that you may consider is the possible use of a bolted panel tank (such as an AWWA D-103 design) instead of an API-650 design
This type of tank is attractive in areas where there is little welding talent available.
Many people offer these tanks.....here is one vendor:
htt
Initial cost is slightly higher, but installation typically goes well.
-MJC