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Construction Budgeting For Emergency Repairs Worksheet

Construction Budgeting For Emergency Repairs Worksheet

Description

You manage over 3200 miles of water and sewer lines as well as 6 water and wastewater treatment facilities. You have over 1000 valves that need to be replaced in the next year and then an average of 200 valves to replace every year after that, for the next 12 years.

Material costs for valves have risen 28% in the past 12 months due to steel prices, manufacturing costs, and tariffs.

Over the previous decade (not counting the last 12 months), material costs have risen at an average of 1.75% per year.

Labor increases at an average rate of 3% per year.

2% of all valves that exceed their replacement interval fail and create an emergency repair that costs 20 times as much as a typical replacement.

If a valve costs $2,450 today, and the current replacement cost of labor is $4,355 each, how much is the labor and material budget for the coming year?

If a valve costs $2,450 today, and the current replacement cost of labor is $4,355 each, then assuming the average material and labor escalation (1.75% and 3% respectively) remains consistent, what is the budgeted cost for the 200 valve replacements in 4 years?

Let’s say a valve costs $2,450 today, and the current replacement cost of labor is $4,355 each. If in year 4, no valves are replaced, what is the expected cost in emergency repairs?

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Our Service Charter

1. Professional & Expert Writers: Writing Expert only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Writing Expert are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Writing Expert is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Writing Expert, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.