in the US, it all depends on the type of job:
For a typical air handler, VFD's are very cheap these days, an average of $1,500.00 to $4,000.00 for private type work (10 to 40 HP fans)
Government jobs: look at double of private sector. You can still dispute the numbers with the contractor but you will not win.
Institutional (hospitals, universities): 1.5 times the private sector cost.
Change order for a government project: Look at 4 times the private sector cost (yes, really, the change order rates are way above the bid rates).
to all that, add locality pay.
Not an exact science of course, just my rules of thumb.