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To estimate equipment cost in construction, you can use the following formula:

Equipment cost = purchase price + operating costs + ownership costs

The purchase price is the cost of buying the equipment. The operating costs include the cost of fuel, maintenance, and repairs. The ownership costs include the cost of depreciation, insurance, and storage.

You can get estimates for each of these costs from equipment dealers, industry publications, or online resources. Once you have all of the estimates, you can add them up to get the total equipment cost.