AI Inference for Total Installed Cost · AACE Class 5 · 4 · 3
Total Installed Cost, traceable to the page.
AACE Class 5, 4 and 3 estimates for process plants, computed by a deterministic engine from published methods. Every figure carries its book, edition, table, page, cost index and factor set. AI helps with inferring the paperwork — never the numbers. Then carry the estimate into cash flow, NPV, IRR and case studies on the same engine, with the same trace.
How it works
How it works
Three steps, and a figure a reviewer can follow.
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Give it a capacity, an equipment list, or quantities
Whatever the study has reached so far. Any one of the three is enough to get a costed estimate back.
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A deterministic engine prices it from published methods
Same estimate, same methods library, same figure — to the cent, every time. The screen never does the arithmetic.
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Every figure carries its source; then NPV, risk and reports
Open any number and read where it came from, then carry the estimate through to cash flow, a confidence band and the reports.
Want the whole chain drawn out, step by step? It is in the app’s own Help. See how a figure is built sign-in required
What it is
Plain statement
An estimator you can audit line by line.
Give it a plant capacity, a sized equipment list, or an equipment list plus quantified bulks. It returns a costed estimate with a stated AACE class, a Monte Carlo confidence band, and a line-by-line trace back to a published source or a named company rate set.
Nothing is computed in the screen. The engine is a pure library: same estimate file plus same methods library gives the same result, to the cent, every time. The library is versioned; an estimate records the version it was computed against and flags a mismatch instead of silently recomputing.
It is not a closed-box estimator. There is no mechanical design engine and no hidden bulk synthesis. Class 3 quantities are supplied — imported, entered, or derived by pure geometry from coordinates you typed — and priced at rates you can see and cite.
Calculation chain
- Sizing parameterYour input per item. A warning if it falls outside the correlation’s validity.
- Purchased costLibrary correlation at its base year, or a vendor quote tagged as such.
- Material and pressure factorsFrom the record, multiplicative on purchased cost.
- EscalationCEPCI from base year to your cost date; the index rows used are snapshotted into the file.
- Location and currencyA location factor with a required note on override; your FX rate and date.
- Installed costLang, Hand, Guthrie bare-module, or your own percentages.
- Allowances and contingencyIndirects, EPCM, owner’s cost, contingency: defaults by class, editable.
- Total and bandSeeded Monte Carlo, triangular or PERT per line or group; the seed is stored.
What you get
Features
Built for the reviewer as much as the estimator.
Class 5 from capacity and a published plant type. Class 4 from a sized equipment list. Class 3 from equipment plus quantified bulks priced at unit rates. No class better than 3 is ever claimed.
AACE 18R-97
Click a line: purchased cost, factors, installation, escalation, location, currency, quantity. Each step shows its inputs, its output and its citation: book, table, page.
Results and trace
Equipment correlations, capacity exponents, unit-capacity costs, factor sets, class bands and cost indices, each record citing edition, table and page, second-pass checked against the owner’s copy where the edition is to hand.
Methods library 2026.10
Triangular or PERT ranges per line, area or estimate. Seeded Monte Carlo: the same seed gives the same P10, P50 and P90, and the seed is stored in the file.
Risk
An economic basis on the estimate — life, spend profile, discount and tax rates, depreciation, opex rows and a price deck — gives yearly cash flow, NPV, IRR and payback, each year and each line traced. Link a simulator export, run a study of cases, read the Pareto set.
Economics and Study
Draft to Checked to Approved to Issued. Leaving Draft freezes the results; reopening needs a reason and advances the revision. Comments and sign-offs land in the audit trail.
Review
Basis of Estimate under AACE 34R-05 headings, calculation trace, sources and provenance, assumption register, benchmarks, reconciliation. Excel, PDF and WBS exports.
Reports and exports
Off by default. Hosted or local models propose a record pick, a quote extraction or a narrative draft; you confirm; the confirmation is audited. No number a model returns enters a calculation.
Model-agnostic
One HTML file that opens in a browser with no network. Estimates autosave locally and save as JSON. An optional Windows desktop shell stores files on disk.
Offline
Live
The engine, in this site
One reference plant, three classes, one engine.
On the Method page the app’s own capacity-scaling function runs on a checked library record while you move the slider, and a class switch shows what a Class 5, 4 or 3 estimate has defined on a drawn plant — with the band bracket redrawn from the library’s class table. The page holds no arithmetic.
Open the plant twin
Sources
Published methods only
Every coefficient traces to one of these.
Equations and coefficients are implemented as methods and cited by edition, table and page. No publisher’s table is reproduced. No commercial cost data is bundled. This list is rendered from the library’s own source registry.
- Plant Design and Economics for Chemical EngineersPeters, Timmerhaus & West · 5th ed. · 2003 · McGraw-Hill
ptw-5e - Chemical Engineering DesignTowler & Sinnott · 3rd ed. · 2022 · Butterworth-Heinemann
ts-3e - Analysis, Synthesis and Design of Chemical ProcessesTurton, Bailie, Whiting & Shaeiwitz · 3rd ed. · 2009 · Prentice Hall
turton-3e - Analysis, Synthesis, and Design of Chemical ProcessesTurton, Bailie, Whiting, Shaeiwitz & Bhattacharyya · 5th ed. · 2018 · Pearson
turton-5e - Cost Estimate Classification System — As Applied in Engineering, Procurement, and Construction for the Process IndustriesAACE International · RP 18R-97, rev. 2020 ed. · 2020 · AACE International
aace-18r-97 - Estimating Cost Contingency Guidelines V1.0Con Edison Enterprise PMO · 2012 · Con Edison
con-edison-contingency-2012 - Publication 946, How To Depreciate PropertyUS Internal Revenue Service · 2023 ed. · 2023 · IRS
irs-p946-2023 - The International System of Units (SI)BIPM · 9th ed. · 2019 · Bureau International des Poids et Mesures
bipm-si-9e - Guide for the Use of the International System of Units (SI)NIST · Special Publication 811, 2008 ed. · 2008 · National Institute of Standards and Technology
nist-sp811-2008 - Occupational Employment and Wage Statistics — May 2025 national estimatesUS Bureau of Labor Statistics · May 2025 ed. · 2026 · US BLS
bls-oews-2025 - OpenPyTEA2026
openpytea-2026 - Comparison of Commercial, State-of-the-Art, Fossil-Based Hydrogen Production TechnologiesLewis, McNaul, Jamieson, Henriksen, Matthews, White, Walsh, Grove, Shultz, Skone & Stevens (NETL) · DOE/NETL-2022/3241, April 12, 2022 ed. · 2022 · US Department of Energy, National Energy Technology Laboratory
netl-2022-3241 - Engineering Costs (Cost Engineers' Notebook, Paper A7, Index 4.410)H. Carl Bauman (American Cyanamid) · Dec. 1964; presented at the 1964 AACE Convention, New York; 7 sheets ed. · 1964 · AACE International (then the American Association of Cost Engineers)
bauman-1964 - Project and Cost Engineers' HandbookK.K. Humphreys (ed.) · 4th ed. · 2005 · Marcel Dekker
humphreys-2005 - Factored Estimating for Process IndustriesKul B. Uppal, PE · conference paper, 14 pages ed. · 2007 · AACE International (venue and paper number not stated on the copy)
uppal-2007 - Skills and Knowledge of Cost EngineeringAACE International; Dr. Makarand Hastak, PE CCP, editor · 6th ed. · 2015 · AACE International
aace-sk6 - Quality Guidelines for Energy System Studies: Cost Estimation Methodology for NETL Assessments of Power Plant PerformanceUS DOE National Energy Technology Laboratory · NETL-PUB-22580, February 2021 ed. · 2021 · US Department of Energy, NETL
netl-qgess-2021 - Quality Guidelines for Energy System Studies: Cost Estimation Methodology for NETL Assessments of Power Plant PerformanceUS DOE National Energy Technology Laboratory · DOE/NETL-2011/1455, April 2011 ed. · 2011 · US Department of Energy, NETL
netl-qgess-2011 - A pragmatic approach to using resource loading, production and learning curves on construction projects (web version: Applying Resource Loading, Production & Learning Curves to Construction)R. Max Wideman · Canadian Journal of Civil Engineering 21(6), Dec. 1994; quotes Allen (1979) ed. · 1994 · maxwideman.com
wideman-1994 - Planning, Estimating, and Control of Chemical Construction ProjectsPablo F. Navarrete and William C. Cole · 2nd ed. · 2001 · Marcel Dekker
navarrete-cole-2001 - Contingency and Accuracy Range worksheets, Hackney model and RAND model (illustrative appendix to AACE RPs 42R-08 and 43R-08)AACE International; RAND model information used with permission from the RAND Corporation · 3-page workbook printout, undated ed. · 2008 · AACE International
aace-43r-08-models - Understanding Cost Growth and Performance Shortfalls in Pioneer Process Plants (R-2569-DOE)E.W. Merrow, K.E. Phillips and C.W. Myers · RAND publication R-2569-DOE ed. · 1981 · RAND Corporation for the US Department of Energy
rand-r2569 - Control and Management of Capital ProjectsJohn W. Hackney · 2nd ed. · 1992 · AACE International
hackney-1992
Superseded editions are kept in the registry so issued estimates recompute identically; they are not listed here. Full method: Method and sources. Does it reproduce the books it cites? Validation note.