Does Low-Cost, Non-Standard Geomembrane Really Save Money?

The cost of materials, welding, testing, return to work, discontinuation and environmental responsibility is included in the same cost table.

Cost accounting

Customer pain points and project conclusions

Single-member costs of geomembrane are only part of the cost of the system. Thickness fluctuations, the ratio of recycled materials, stress fracture and welding stability are not sufficient to increase the likelihood of lead defect, detection, repair and early replacement. Formal comparison schemes should include initial input, repair and replacement times, downtime, residual and analysis cycles in the cash flow and calculate net present value (NPV) at a uniform discount rate; annual costs (EUAC) such as leakage, pollution and environmental liability should be further commuted when the scheme life varies and repeatable conditions are met.

Cost accounting

Procurement and Acceptance Checklists

The checkpointControl requirementsDelivery of evidence
Initial costsMaterials, shipping costs, laying, welding, testingOffer and Budget
Full-cycle cash flowYear of repair/replacement, production stop, residual value and discount rateThe table of assumptions
Evidence of lifeThe first is the OIT, the stress-resistant cracking, the boundary of quality.Report and warranty

Cost accounting

Common risks and addressing them

  • The quality of life is equal to lifeThe responsibility for quality assurance is often limited in scope, construction and storage.
  • Directly subtract life by total costThe algorithm ignores the time value of the funds and the time point of replacement, only as a rough starting point.
  • Ignoring the Losses of ProductionThe cost of stopping production of farming, chemical and sewage projects may be higher than the material price difference.

Cost accounting

Steps to landing

  1. Unified Function and CycleBoth programs use the same service objectives and analysis cycles.
  2. Create three scenariosThe report also highlights the importance of the new rules for the implementation of the new rules.
  3. Calculating the NPV/EUACThe cost of each point of time is calculated at a uniform discount rate and sensitivity analysis is performed for life, discount rate and failure probability.

Need a Geomembrane Quotation?

Prepare the thickness, quantity, application and destination port for an accurate quotation.