Cost Estimating Methodologies for Substation & Transmission Projects
October 20-21, 2022 | Online :: Central Time
“They did a good job interjecting real world examples to illustrate the material. A good high-level introduction to cost estimating.” – Ameren
“Speakers did a great job. It is hard when folks are remote, but the content was helpful, they kept to schedule, and I learned a lot.” – EDF Renewables
“Fantastic speakers who both offered a wealth of knowledge and experience.” – Pine Gate Renewables
“As an estimator in the power industry, this course was exactly what I needed in filling gaps in my utility knowledge.” – Estimator, Kenny Construction Company
Throughout North America, the need for new utility projects is projected to grow to improve electricity delivery, increase capacities, improve reliability, and meet new standards associated with incorporating renewable energy generation into the smart grid.
In order to effectively utilize allocated and dedicated funding, it is critical for utilities, developers, subcontractors, project managers, and suppliers to fully understand efficient utility project cost estimation, as this new infrastructure has substantial costs and risks associated with each project. In fact, new overhead transmission lines can cost $1 million or more per mile. The process of building transmission level projects often takes many years—even in the most streamlined process.
In this course, attendees will recognize the critical components to consider in a transmission project estimate. Key components of the course include all factors that impact the final cost of building this infrastructure, including permitting and siting, materials and engineering, construction, and project management.
- Discuss utility project planning process and budget considerations utilizing industry samples of typical industry projects
- Discuss the environmental and siting processes and the impact on schedules and costs
- Analyze engineering, material cost, and construction considerations for transmission lines and substations
- Compare and contrast contracting methods to include design-bid-build vs. OE/EPC
- Identify strategies to mitigate risks across the spectrum of project types and sizes
Thursday, October 20, 2022 : Central Time
8:45 – 9:00 a.m.
Log In and Welcome
12:30 – 1:15 p.m.
9:00 a.m. – 4:30 p.m.
Session I: Costs for Major Utility Projects: Substations, Overhead Transmission, and Underground Transmission
Group discussion of major components, including materials and construction
Project Begins at the Substation
- Site development
Conduit & Grounding Plan
- Substation bus
- Conductor/cables Overhead
- Plan & profile
Underground Transmission Lines
- Plan & profile
- Duct bank
- Line splice and pull-through vault
- Line cable
- Line substation riser details
Session II: Permitting, Siting, and Right of Way Considerations and Costs
- Overview of environmental siting process
- Potential impacts to project timelines and costs
- Urban vs. rural considerations
- Construction considerations
- Strategies to minimize schedule obstacles
Session III: Utility Cost Estimation Process
- Developing budget parameters and the project plan
- Utility estimate components
- Cost estimating best practices during the project life cycle
- Cost reference development
- Risk management
- Expected accuracy ranges
- Measuring performance
- Project cost estimate example
Friday, October 21, 2022 : Central time
8:45 – 9:00 a.m.
9:00 a.m. – 12:00 p.m.
Session IV: Methods of Contracting
- Identify common types of contracts and contract delivery methods and understand the risks and advantages and disadvantages associated with each:
- Fixed price/lump sum
- Cost plus
- Time and material
- Traditional arrangement/design-bid-build
- EPC arrangements and risk management
- Open book EPC variations
- Impacts to Construction Process
Session V: Project Cost Estimate Case Study
Class exercise to estimate major categories of project costs compared to actual costs on two real life projects.
David Tennant, Windward Consulting Group LLC
David Tennant has successfully directed over $3.5 billion in projects, programs, and resources. With degrees in engineering and business, he has a unique perspective on projects at both the practitioner and executive levels. His experience includes engineering, operations, marketing, board leadership, consulting, training, and numerous executive roles.
Mr. Tennant has had projects worldwide and published over 35 articles on technical and managerial topics. His experience includes utilities, manufacturing, services, telecom, R&D, and EPC (engineering) firms. He is a registered professional engineer and certified project manager (PMP).
Jay Turner, PMP, Six Sigma Green Belt; Manager, Project Controls, Southern California Edison
Jay Turner has over twenty years of cost estimating, project management, root cause analysis, and process improvement experience in the utility, accounting, and consulting industries. His utility estimating and forecasting experience spans substations, transmission lines, generation facilities, and distribution poles for Southern California Edison. Jay has been certified as a Project Management Professional by the Project Management Institute and a Six Sigma Green Belt by the Institute of Industrial Engineers. He earned his M.B.A. and M.S. Systems Engineering from Loyola Marymount University and his B.S. in Engineering and Applied Science from the California Institute of Technology.
We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.
- IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
- You will receive a meeting invitation will include a link to join the meeting.
- Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
- You will need to join the appropriate meeting at the appropriate time.
- If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
- The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.
Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ
If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event
REGISTER NOW FOR THIS EVENT:
Cost Estimating Methodologies for Substation & Transmission Projects
October 20-21, 2022 | Online
|Individual attendee(s) - $ 1195.00 each|
Volume pricing also available
Individual attendee tickets can be mixed with ticket packs for complete flexibility
|Pack of 5 attendees - $ 4,780.00 (20% discount)|
|Pack of 10 attendees - $ 8,365.00 (30% discount)|
|Pack of 20 attendees - $ 14,340.00 (40% discount)|
Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before September 16, 2022 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800
EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.
EUCI is authorized by IACET to offer 1.0 CEUs for this course and 0.4 CEUs for the workshop.
Requirements for Successful Completion of Program
Participants must sign in/out each day and be in attendance for the entirety of the course to be eligible for continuing education credit.
PowerPoint presentations, interactive group exercise, and group discussion will be used during this course.
Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.
Course CPE Credits: 11.5
Workshop CPE Credits: 4.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None
EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org
Who Should Attend
- Transmission and substation project managers, estimators, and contract managers who are new to the job
- Transmission and substation engineers
- Supply chain and cost accounting professionals for utilities and other energy companies
- Generation project developers and engineers who need an understanding of transmission components and costs
- Regulatory agency staff
- Consultants and engineering firms that work within the electricity transmission sector