How many times have you heard these comments?
“We're so busy we don’t have time to properly design and estimate all the vessels we have inquiries for.”

“Joe's been our estimator for 20 years and he has all our costs in his head. I don’t know what we'd do without him.”

“We have four estimators and they all estimate a little bit differently.”

“The Sales Department got the job but when we passed it to the Engineering Department it turns out the shell was too thin because seismic wasn't considered. Now what do we do?”

“Estimating standards? What estimating standards?”

We Have the Solution
Coster produces Excel® compatible vessel cost estimates from COMPRESS files. This enables your organization to produce more consistent and accurate budget estimates and quotes. Using Coster promotes quoting consistency as pricing is based on input costs stored in one central location. As Coster estimates are derived from COMPRESS checked models, you can be certain that all applicable ASME design rules have been included. As an addition benefit, Vessel Modeler, a simplified version of COMPRESS, is included with this option. This allows Coster to be used when COMPRESS is unavailable.

During estimate creation, input cost are calculated for each component in the COMPRESS model. Estimates are based on material prices and fabrication labor hours stored in Access database format. This format enables the user to easily review, revise and add input costs. To minimize the amount of initial data entry required, Coster automatically interpolates between known values to provide missing costs.

Coster assists with calculating the required fabrication welding labor by dividing the fabrication process into a typical sequence of steps. Longitudinal and circumferential seam welding hours are calculated separately using the applicable weld deposition rate and type of weld used.

Each estimate includes a bill of materials, a detailed cost report and a summary report. The summary report can be customized to show all of the details or only the bottom line. The detailed cost report shows pricing information for each vessel component. This includes total labor hours for particular tasks, specific raw material costs and optional items not included in the COMPRESS model. Additional overhead costs such as those associated with sales, administration and shipping can also be included.

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