Cost Estimating of Industrial Power Distribution Systems - Chapter 13, Electric Power Distribution for Industrial Plants, Sixth Edition, Red Book

The estimating chapter has been reintroduced to the Red Book in the sixth edition. The purpose of this chapter is to describe estimates for various purposes and to outline a method for developing an engineering-type estimate. Design concepts leading up to the preparation of a cost estimate are reviewed, with attention to obtaining necessary information so the estimate-will be meaningful. The review of Chapter 13 will address the problem of preparing an estimate under conditions of uncertain and rising costs; will touch on the time value of money; and will show how to work through a problem. The sixth edition of the Red Book, IEEE Standard 141, "Recommended Practice for Electric Power Distribution for Industrial plants," is scheduled for publication in late 1983.