Following the CIRIA 2009 publication of A guide to cost standards for dredging equipment, we announce the release of the newly updated version. The 2024 edition is designed to equip stakeholders with the latest insights and methodologies for assessing costs within the dredging industry, empowering them with the most up-to-date information available.

ABOUT THE PUBLICATION

The purpose of the publication is to provide a standardised approach for assessing the 2024 replacement capital and associated costs associated with a range of dredging equipment and auxiliary machinery commonly used in such projects. offer a uniform method for evaluating the replacement capital and related costs for various dredging equipment and supplementary machinery frequently employed dredging projects. The addition of new larger equipment and the implementation of sustainability measures on board dredgers necessitated an update of the CIRIA 2009 edition.

 

Topics presented within the new version of A guide to cost standards for dredging equipment 2024 include:

  • Detailed analysis of common dredging equipment types;
  • Examination of cost philosophy adhering to global industry norms;
  • Tabulated cost figures for different dredger sizes;
  • Methodologies for assessing costs of non-standard dredging equipment;
  • Standardised approach to establishing capital and related costs; and
  • Sustainability factors for certain dredging equipment.

 

The publication A guide to cost standards for dredging equipment 2024 is prepared by IADC’s Indexation Cost Standards Committee and will be published by the Construction Industry Research and Information Association (CIRIA).

 

We are excited to unveil this comprehensive guide, which represents a collaborative effort to enhance cost transparency and efficiency in dredging projects worldwide," said Rene Kolman, Secretary General of IADC." By aligning with industry standards and best practices, we aim to empower stakeholders and foster sustainable growth in the dredging sector."

 

The guide is now available from the CIRIA bookshop as print and PDF versions

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