Total Installed Cost (TIC) Estimating 

Reviewing a blueprintA good BEP/FEED and TIC package saves time and money during the life cycle of a project. Forecasting the Total Installed Cost (TIC) of a project is one of the most challenging steps associated with the engineering package. At the beginning of each project in which a TIC estimate is required, the estimators need to gain a complete and comprehensive understanding of the project scope and be able to accurately identify its purpose and schedule. Development of a reputable estimate is crucial to the client when trying to allocate costs associated with the implementation of a new plant facility or the upgrading of an existing plant facility. A sense of trust needs to be established between the client and the engineering firm when trying to establish this relationship.


  • Chemic Engineers employs an expert estimating team that is knowledgeable and experienced in all aspects and disciplines of the plant facility environment and take pride in developing accurate and detailed TIC estimates of various magnitude and difficulty. Chemic estimating specializes in the use and implementation of Aspen In-Plant Cost Estimator software. With minimum input from the client, the Chemic estimating team will find the clear definition of a project and provide a trusted TIC estimate with the highest level of accuracy available in today’s market. Our estimating team not only provides cost estimates for projects, but with a formidable vendor data base, we can provide pricing on material items and plant equipment that might be required. If clarity of plant deliverables is not available, the Chemic estimating team, through the use of an extensive historical database and resources, can make educated and knowledgeable assumptions to give clients a product they can depend on and trust.

What We Provide

  • Cost-value graph on blackboardThe Chemic estimating group also provides supplemental support for existing estimating departments, and offer assistance for firms that do not have an internal estimating department of their own. We offer a variety of estimating services for EPC projects, capital projects, maintenance projects, expansion projects, plant revamps and contractor check estimates. We provide AACEI class 1 – 5 estimates with an accuracy range from +/-50% to +/-10%. Chemic has experience in estimating projects in oil and gas, chemical/petrochemical, natural gas and power industries. Whatever the estimating need, Chemic provides the most reliable estimating service available in the industry.
  • Chemic Engineers estimating portfolio consists of projects varying from $50k to $270m.

In particular, the Chemic estimating department provides the following services but is not limited to:

  1. TIC Estimating
  2. RFQ and Vendor quotation requests
  3. BEP and FEED Packages
  4. Project Scheduling
  5. Project Bidding

Our Clients

A partial list of our clients includes:

  • Air Liquide
  • EvalAmericas
  • Gulf Chemical
  • Kaneka
  • Marathon
  • Merichem
  • Nalco
  • OxyVinyls
  • Petrologistics
  • Solutia
  • Texmark
  • Valero