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2007-05-01 IPEL Chief Estimator Introduction

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Page 1: 2007-05-01 IPEL Chief Estimator Introduction

www.IPEstimate.com

The Chief Estimator Software This integrated estimating system has capabilities that span the range of major international infrastructure projects, from petrochemical, gas pipeline, power projects, highways and toll routes, to dams and tunnels, bridges, airports, marine facilities, transit systems, commercial buildings, & industrial facilities. A Wealth of International Experience: This Estimating System, evolved from bidding and managing International Infrastructure Projects over a span of 25 years, as a Contractor, Engineer, Developer, Operator and Concessionaire. Over the years, this estimating software has delivered estimates and cost reports for many of the world’s major International Infrastructure Projects including: • International Airport, located in Toronto Canada, one of the

world’s first privately financed international airports. • TransCanada Pipeline, one of North America’s largest pipeline

projects. • Norde-Sur Highway, 50 km long Build Own Operate Toll Road

located near downtown, Santiago Chile. • Steel Plant, international steel fabrication upgrade project. • Vancouver Sky Train, an elevated Light Rail System, the first

stage constructed in the 1980’s and the last stage currently planned for the 2010 Winter Olympic games.

• Aircraft Maintenance Hangers, a series of privately financed

full service aircraft hangers designed to accommodate wide body aircraft in Damman, Riyadh and Jeddah, Saudi Arabia.

• Cable Stayed Bridge, major design build bridge over the

Mississippi River near Baton Rouge Loiusiana. • Bandaranaike International Airport, located in Columbo, the

capital of Sri Lanka, funded by International Aid agencies. • Sea to Sky Highway, expansion of the mountain highway for

the 2010 Winter Olympics near Vancouver Canada. • Toll Route Toronto, one of North America’s first privately

financed electronically tolled highways. • Tunnel Project, located in Western Canada, one of the world’s

largest railway tunnel projects.

The Chief Estimator Software International Project Estimating Limited

Type of Projects Heavy Civil Projects: Prepare unit price estimates based on labor and equipment crews and production rates. Petrochemical & Gas: develop multi-level work breakdown structures (WBS). Build Own Transfer (BOT): Integrate Construction Capital Costs, Operation & Maintenance (O&M) and Developer Fees. Export Multi-Currency Cash Flows for Project Financial Modeling. Design Build Projects: Prepare Conceptual Estimates including Construction & Engineering. Project Management: Setup multilevel Project Work-breakdown Structures, award Procurement Packages and apply Management fees. Building Projects: Award subcontract quotations on commercial and residential lump sum bids. Industrial Projects: Bid based on man-hour factors and composite labor rates. Compare and award mechanical and electrical bid packages.

Page 2: 2007-05-01 IPEL Chief Estimator Introduction

www.IPEstimate.com

Focus on International Projects: These types of projects normally bring together parties from all over the world that create unique problems from bidding in different currencies, procuring suppliers from different countries and estimating and managing costs using different measurement systems. This is an International Estimating System that is designed to prepare estimates and control project costs in multi-currencies. Complete Range of Projects Build Own (BOT) Projects: The International Project Estimating System has been used to bid some of the largest International BOT Projects in the world. These Projects normally involve Public Private Partnerships, brought together to jointly to bid and develop these projects over an extended concession period, Contractors, Operators, Equipment Suppliers and Engineers create Joint Venture Development Companies to Design, Construct and Operate these Infrastructure Projects. Estimates must be prepared for the Capital Cost of Construction, Equipment, Rolling Stock, Operation & Maintenance, Concessionaire Expense and Financing. This creates unique problems associated with satisfying all the demands of the various parties involved. The Estimate Work Breakdown can be exported to Microsoft Project and Primavera to create schedules that can be re-imported into the Chief Estimator to generate detailed Cash Flows to accurately predict the return on investment in order to procure Project Financing. All reports can be automatically generated into Excel or Adobe formats for integration. Design Build Projects: These projects require multiple estimates to be created during the life of a project. The projects require separate estimates for Design and Construction activities. When the Project is first conceived, Conceptual Estimates are prepared based on space and use requirements only. The International Project Estimating System allows users to import and prorate unit costs based on project size from a library of unit rates or directly from previous estimates in order to prepare conceptual estimates. As the project evolves, the project performance can be monitored in real time using Earned Value methodology. Project Management Projects: Many large Industrial Projects are constructed using the Project Management model. These projects are often too complicated to accurately define the scope of work early on in the project. Complex Work-breakdown Structures (WBS), must be prepared to organize the project into distinct procurement packages that can be tendered out to specialty sub-contractors. The International Project Estimation System allows estimators to create multi-level breakdowns as well as sort the estimate by Procurement Bid Package, Workgroup and Location.

The Chief Estimator Software International Project Estimating Limited

Fully Integrated System Bid Summary: Summarize estimates according to Direct Costs, Plant Costs, Indirect Costs, Engineering and Project Management. Work-breakdown (WBS): Create an unlimited number of drill-down summary levels. Import List of Items: Import lists of items prepared in excel and import into the estimate work-breakdown. Work Assemblies: Import pre-set assemblies of work from resource files or previous estimates. Productivity: Bid using production rates or historical man-hour factors.. Vendor Quotations: Summarize and sort vendor quotations.. Bid Closing: Compare & award subcontract and material supply packages. Multiple Currencies: Estimate and track costs in the currency of origin. Material Control: summarize bid resources by category. Chart Resource Loading: plot selected resources over time. Report in Excel & Adobe Format: Generate reports directly into Excel or Adobe Format for insertion into proposals. Link to Scheduling: real time link to Microsoft Project. Import WBS into Primavera.

Page 3: 2007-05-01 IPEL Chief Estimator Introduction

www.IPEstimate.com

The Bid Closing module within the system also allows users to compare and award tenders on individual items or complete packages. The system also allows these packages to be entered in their currency of origin. Industrial Projects are often designed in modules. These modules can be saved and imported into other estimates that require similar assemblies that can be updated to reflect the productivity, resource rates and the currency of the current project. Construction Projects: The International Project Estimating Software has its roots in bidding hard money Construction Contracts. The heart of the system is based on a library of resource rates including; labor, equipment, material and subcontracts. The labor and equipment resources can be built into crews and various material resources combined into material assemblies. The above features are common to most domestic estimating systems. The power of the International Project Estimating system is the ability to create multiple rates for the same resource in the same file in multiple currencies in both metric and imperial measurement systems. The resource files allow the users to enter total resource rates or use the system to generate payroll burdens and equipment operating and ownership costs. Unique to the estimating system is the ability to create custom resource burden formula. The estimating system also allows crews with production rates or conceptual unit rates to be selected from a standard resource file or entered directly on the fly into the bid. The system lets the estimator import a list of items directly from digital files prepared by the client or other members of the proposal team. Civil Contractors bidding on unit price projects can spread and unbalance overhead and profit over their bid items. Building Contractors bidding on hard money projects can use the Bid Closing Module for comparing and selecting last minute quotations from suppliers and subcontractors. Industrial Contractors can enter and compare quotations on subcontract packages. Subcontractors can link external digitizing boards to the Takeoff Assembly Module within the software. Our Foundation is Strong: The strength of the International Project Estimation & Project Control System comes from years of experience bidding and managing International Petrochemical, Civil, Building and Industrial Construction Projects. Here are just a few of the bids closed using the system; • National Bank of Dubai Headquarters, one of the Middle

East’s most recognizable building projects. • Haroub Earth Fill Dam, located in the Sahara Desert south of

Tunis, Tunisia. • Turbo Refinery, petrochemical plant located just north of

Calgary, Alberta, Canada. The Chief Estimator Software International Project Estimating Limited

Estimating Features Resource Files: Create multiple resource files. The same resource can have multiple rates in different currencies and measurement systems. Resource Breakdown: Generate Payroll Burden Formula. Summarize Equipment Ownership Costs and Operating Costs. Standard Crews: Bid using standard crews & production rates or utilize man-hour factors. Bid on the Fly: Enter resources by selecting from the resource file or create and enter resources and crews directly into the bid. Spread Unit Prices: spread and unbalance unit prices automatically. Alternate Bids: Create alternate bids for the same item, compare sub bids against your estimate.

International Features Metric or Imperial: Bid concurrently in either the metric or imperial. Multiple-Currency: Convert complete resource files between different currencies

Foreign Currency Quotations: enter vendor quotations in foreign currencies and automatically convert to the currency of the estimate.

Alternate Currency Reports: bid in one currency and print reports in another currency.

Page 4: 2007-05-01 IPEL Chief Estimator Introduction

www.IPEstimate.com

• Left Bank Out-fall Project, World Bank funded subsurface drainage and reclamation project located in Pakistan.

• Chateau Lake Louise, complete rehabilitation of one of the

world’s most scenic hotel destinations. • Islamabad International Airport: expansion to airport located

outside the capital of Pakistan. • Gas Distribution Network, 450mm mainline in Mumbai India. The Latest in Technology: We are committed to ensuring that the software keeps pace with the latest technology. A user friendly interface guides the estimator, step by step through the estimating and project controls process. Work alone, in a network environment or logon through the internet. Multiple estimators and project control staff can work on the same project at the same time. Estimate, Resource and Project files can be saved on the network, on your desktop or e-mailed to remote offices through the internet. Users have the option of generating their reports directly into Excel and Adobe formats. These reports can then be distributed via e-mail to management, partners and clients or inserted directly into proposals. A User Friendly Interface: Easy to Read Reports:

The Chief Estimator Software International Project Estimating Limited

Windows Windows: true 32 bit technology, Windows 9x/ME/NT/XP, VP6 Active X, Internet Compatible, SQL Compatible. Multi-user or Standalone: work alone or in a network environment. Web Enabled: logon remotely through the internet utilizing Citrix Technology. Excel & Adobe Format: generate reports directly to Excel & Adobe.

International Project Estimating

126 Parkedge St, Rockwood Ontario, Canada, N0B2K0

Tel: 1-519-830-7300 Fax: 1-416-490-4247 e-mail: [email protected]: www.ipestimate.com