EP 1110-1-8
(Vol. 3)
31 July 03
STANDBY HOURLY RATE CALCULATION FOR OVERAGE EQUIPMENT
EXAMPLE
Assume the following information for the rate calculation example:
1.
The unit of equipment is not listed in table 2-1.
2.
The equipment is contractor owned.
3.
Data for the unit in question:
a.
Clark front-end wheel loader
b.
Model 125C, 4WD, 4 CY capacity
c.
Serial number indicates year of manufacture = 1986
d.
Actual purchase price in 1986 = 8,280
e.
Horsepower is 203 hp (fuel is Diesel off-road)
f.
Drive tire (DT) size = 23.50 x 25, 16 ply, L-3
DT cost (2003) = 4 tires x
||content||
,769.00 = ,076.00
g.
Weight = 42,200 lbs
4.
Use the actual cost data as follows:
a.
Purchase price (TEV) = 8,280
b.
Year of manufacture = 1986
5.
Hourly rate is computed as follows:
Figure 3-2. Standby Hourly Rate Calculation for Overage Equipment
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