Feasibility Studies

Dehrmann BioEnergy provides studies in accordance with the various classifications of feasibility studies as outlined by AACE International (Association for the Advancement of Cost Engineering). These range from an Order-of- Magnitude budget estimate to the most accurate Class 1 estimate (or Definitive Estimate).

The most important aspect in determining the project budget of the feasibility study is the determination of project scope. Once this is settled, cost engineering commences.

Cost Engineering is the application of scientific principles and techniques to estimating; cost control; business planning and management; profitability analysis; project management; and planning and scheduling.

The Cost Estimate Classification System is a recommended practice that provides guidelines for applying the general principles of estimate classification to project cost estimates (i.e., cost estimates that are used to evaluate, approve, and/or fund projects).

The use of these cost engineering techniques enables Dehrmann BioEnergy to have confidence in and to stand by their project cost estimates developed during the feasibility study process.

Dehrmann BioEnergy offers the following levels of feasibility studies:

• Order-of-Magnitude estimate
• Study estimate
• Budget estimate
• Control estimate