Laura: Created page with "The real cost of a piece of equipment will not be its price tag. When we decide to buy a tool, we need to make sure we have enough funds to operate it, too. that's part of the ..."

2012-10-17T08:49:34Z

Created page with "The real cost of a piece of equipment will not be its price tag. When we decide to buy a tool, we need to make sure we have enough funds to operate it, too. that's part of the ..."

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The real cost of a piece of equipment will not be its price tag.

When we decide to buy a tool, we need to make sure we have enough funds to operate it, too. that's part of the Guiding Principles.

So, let us imagine a £1000 tool. We need more than £1000 to really buy this so that:

* we can have some money in the bank which we can use if we need to repair or replace it

* we can have it serviced annually (for example)

* we can buy safety equipment that needs to go alongside it (goggles, or signage, or extra flashing alarms, or whatever) - according to our risk assessment

* does the kit need special inspection or site installation? Will it increase our insurance costs?

WE also need to think about costs of materials and so on.

The Real Cost of Equipment - Revision history

Laura: Created page with "The real cost of a piece of equipment will not be its price tag. When we decide to buy a tool, we need to make sure we have enough funds to operate it, too. that's part of the ..."