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Synkit Engineering Limited

Buying guides

Elevator installation cost in Lagos: what determines the price

Commercial elevator lobby with stainless steel lift entrances in a modern office building.

We are not going to quote figures here, because a lift price depends on decisions specific to your building. What we can do is set out the variables, so you can read a quotation properly and compare like with like.

Prices move with exchange rates, shipping and clearing costs, and equipment availability. Ask for a current written quotation with a stated validity period.

Equipment variables

  • Rated load and the number of passengers
  • Travel distance, number of stops and entrances
  • Speed, which drives drive and controller selection
  • Machine-room-less or conventional machine room arrangement
  • Traction or hydraulic, and the duty the lift will see
  • Brand and country of manufacture

Building variables

Shaft accuracy, pit depth, headroom and the power supply all affect cost. Retrofitting into an existing building usually costs more than a lift planned into a new structure, because builder's work has to be created rather than provided.

Finishes

  • Car interior: painted steel, hairline stainless, glass or timber panelling
  • Landing doors and architraves
  • Car operating panel and landing fixtures
  • Flooring, ceiling and lighting specification
  • Glass or panoramic cars, which change both cost and lead time

Costs that are easy to overlook

  • Shipping, clearing, inland haulage and site offloading
  • Scaffolding, hoisting and temporary power during installation
  • Builder's work: shaft finishing, pit waterproofing, machine room ventilation
  • Commissioning, load testing and handover documentation
  • Operator training and the first period of maintenance

Reading a lift quotation

  • Confirm the specification: load, stops, speed, drive type and finishes
  • Check what is excluded and who provides builder's work
  • Check delivery lead time and quotation validity
  • Ask for the maintenance rate after the warranty period
  • Check payment stages against measurable milestones

Related service

Elevator installation

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