First Principles Estimating
First Principles Estimating

Independent Infrastructure Estimating

Built from First Principles

Built from First PrinciplesBuilt from First PrinciplesBuilt from First Principles

Independent Infrastructure Estimating

Built from First Principles

Built from First PrinciplesBuilt from First PrinciplesBuilt from First Principles
Independent infrastructure cost estimating

Who We Are

First Principles Estimating (FPE) provides independent cost estimating and commercial support across major infrastructure projects.


We support both clients and contractors — from early business case development and hard-dollar tender estimating, through to independent estimate reviews and delivery-phase cost assurance.


Specialist estimating and commercial support

Independent Cost Estimating

  • First-principles cost estimates 
  • Class 5 to Class 1 estimates 
  • Independent and peer review 
  •  Defensible cost positions for decision-making 
  • Transparent build-ups with clear assumptions

Business Case & Option Costing

  • Early-stage and concept estimates 
  • Option comparison estimates
  •  Cost drivers, sensitivities and value engineering
  •  Report writing with cost narrative support 

Contractor Tender Estimating

Constructability & Methodology Review

  • Hard-dollar tender box estimating
  • Pricing build-ups and methodology support
  • Benchmarking and commercial sense-checking
  • Bid review and submission support

Constructability & Methodology Review

Constructability & Methodology Review

Constructability & Methodology Review

  • Construction methodology assessment
  • Staging and access constraints
  • Program-driven cost impacts
  • Practical constructability input

Independent Reviews & Cost Assurance

Constructability & Methodology Review

Independent Reviews & Cost Assurance

  • Tender and estimate reviews
  • Independent benchmarking
  • Delivery-phase cost assurance
  • Governance and approval support

Risk & Uncertainty Analysis

Constructability & Methodology Review

Independent Reviews & Cost Assurance

  • Risk and Opportunity identification
  • Quantified risk analysis (QRA)
  • Estimate uncertainty assessment
  • Clear separation of base cost, risk, and escalation

Why FPE

Experience

First Principles Estimating provides independent cost advice grounded in real tendering and construction experience.
Our focus is on delivering transparent, first-principles estimates that clearly explain cost drivers, risk exposure, and key assumptions — supporting informed decision-making at every project stage. 

Clients engage FPE because:

Independent and impartial advice

First-principles estimating methodology 

Real contractor-side tender experience 

Clear, transparent assumptions and build-ups 

Practical understanding of construction risk 

Outputs suitable for governance and approvals

About First Principles Estimating

Led by experience. Built on practical insight.

First Principles Estimating is led by Dean Hooker, Managing Director and Principal Estimator. With 20 years of hands-on experience across major infrastructure projects, Dean has worked on both the contractor and client sides, including Estimating Manager and Director roles. This dual perspective provides a practical understanding of how costs are developed, reviewed, challenged, and ultimately relied upon for investment and delivery decisions.


FPE is also supported by a trusted network of specialist subconsultants and industry professionals, allowing the business to scale appropriately to meet project demands while maintaining senior-level involvement and accountability.


Today, FPE is trusted by both contractors and clients to provide clear, independent cost advice that is practical, defensible, and grounded in real project experience.

Contact Us

If you’d like to discuss your project requirements or understand how First Principles Estimating can support your team, please get in touch. 

First Principles Estimating

📧 dean@fp-estimating.com.au

Copyright © 2026 First Principles Estimating - All Rights Reserved.

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