estimating salvage values
estimating salvage values
(OP)
I am trying to calcluate salvage values for pump stations, force mains gravity sewers, etc. Are there any formulas for estimating salvage values. Thank You.
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estimating salvage values
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RE: estimating salvage values
Richard A. Cornelius, P.E.
WWW.amlinereast.com
RE: estimating salvage values
This “scrap value” example assumes that the old pipe must be removed and replaced (e.g. in a perhaps in a not to uncommon case that an undersized or other line in a limited right-of-way (R-O-W) must be removed and hauled somewhere, with a new and/or larger line installed in the approximate place of the old one as the old one is pulled up). Also, I believe it might on the other hand actually cost (to landfill etc. some pipes of other materials in the same situation, if there is not comparable scrap value?) perhaps constituting in reality a negative salvage value? In this regard I noticed a current article at http
If there is/will be, on the other hand, plenty of future room in specific R-O-W’s, I suspect it could conceivably cost more to remove (particularly for buried pipelines with infrastructure on top of same) and ship even metal pipe to a salvage yard than the scrap value – therefore it would obviously cost less (at least from just the present economic standpoint) in that case to just leave the old line in place if this doesn’t present any other insurmountable problems.
I also once noticed an engineering economics course example problem (see “10…” at ht
I have noticed that “salvage value” is apparently a part of GASB 34 asset “depreciation expense” calculations, as I suspect mentioned there and in the article “GASB 34 and Ductile Iron Pipe” (on page 12 on at the site http://www.dipra.org/pdf/DIPnews_ss2003.pdf.)