To Study the Cost Estimation Method

To Study the Cost Estimation Method


Introduction

This chapter outlines a technique that will allow the user, who is familiar with the subject, to study-level estimations of the costs spent by regulated companies for a control system applied to the source being controlled The approach, which applies to all of the control systems in this Manual, is broad enough to be used to additional "add-on" systems as well. The technique may also be used to estimate the costs of non-stack abatement technologies such as fugitive emission controls.

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This Manual is intended for a variety of users. Industrial users are the most frequent, although the Manual is also used by state, municipal, and other authorities, as well as other environmental stakeholders (e.g., environmental organisations). The EPA highly advises that the approach outlined in this Manual be used in order to comply with different Clean Air Act initiatives.

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Conclusion

Finally, the power requirements for each device vary considerably, both in terms of operation and productivity loss. Perhaps these factors will make one gadget more appealing to the company. The basic truth is that there is no such thing as a free lunch a well-defined "cookbook" approach through which the analyst will be able to make well-informed decisions. Each time, a choice must be made, and the Manual's codified pricing approach is just a guide a step in the process However, if the Manual's approach is adhered to strictly and in a timely manner, impartial way, the analyst may be confident in the pricing of his alternative projects at the study-level. You may then proceed to a more formal cost estimate with the assistance of an engineering or financial consultant a consultancy company.

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