Multiple Techniques. Most companies use multiple techniques for all of their capital budgeting decisions. There are a number of minor methods, such as profitability index and sensitivity analysis, which can also be employed in making decisions.
Hiring an excavation or land clearing company to clear flat land with light vegetation and few trees might cost $20-$200 per acre; clearing more sloping land with overgrown brush and a few trees might cost $500-$2,000 per acre; and clearing heavily wooded or forested land can cost $3,000-$6,000 or more an acre, depending on conditions and whether the resulting debris will be burned (illegal in many areas and strictly limited in others), stacked in designated spots for later disposal or ...
1 Renting a small backhoe can cost $100-$200 for a half-day or day, depending on location and model. 2  Hiring an operator and a bulldozer, skid steer loader or similar equipment can cost $50-$150 or more an hour, depending on local rates and the type and size of equipment used. The land should be cleared of all vegetation and other obstacles before grading begins. 2  See How Much Does Land Clearing Cost. 3  Topsoil is valuable, so usually the first step is to strip away and stockpile the layer of topsoil on the site.