Scope of FEED is an advanced starting of engineering development; it includes the BEDP and activities to select the EPC contractor, Material Requisitions for Long Lead Items, Cost Estimation @ 10% accuracy.

 

 

 

Advantages:

• Reduce the overall schedule by about 6-8 months due to the overlapping activities with PDP and MR for LLI & relevant technical alignment (ready for PO)
• Profit generation due to amount of manhours
• Give to LICENSEE the services needed to select the EPC Contractor
•   ITB
•   EPC bid tendering and evaluation
• Accurate Cost estimate to challenge the EPC bids
•  Support to EPC contractor during project implementation

These services are usually provided by PMC contractors (not always well qualified) at very expensive cost

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Typical FEED main deliverables:

• Deliverable as per BEDP
• RAMS study
• QRA and HAZOP
• ITB for EPC contractors selection
• +/-15 % Cost estimate
• Major piping layout for large bore lines and process critical lines
• Civil: MTO, quantities and prices list
• Piping MTO (covering 60% of the final MTO)
• Electrical and Instrumentation MTO
• Material requisitions and Technical bid tabulation for Long Lead Items