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Page Title: Table C25. Alternative 3 Annual Cost (Interest Rate = 0.0638)
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ERDC TN-DOER-C27
July 2002
Table C25
Alternative 3 Annual Cost (Interest Rate = 0.0638)
Present
Value
Project
Contract Cost
Factor
Present Value
Present Worth
Cost Item
Year
(2000 $)
0
1
Initial dredging- sum of 2 years plus IDC
$25,487,926
$25,487,926
$25,487,926
1
0.940071
Facility maintenance
$20,000
$18,801
$18,801
2
0.883733
Facility maintenance
$20,000
$17,675
$17,675
3
0.830771
Maintenance dredging + facility maintenance
$2,670,352
$2,218,451
$2,218,451
4
0.780983
Facility maintenance
$20,000
$15, 620
$15, 620
5
0.734179
Facility maintenance
$20,000
$14,684
$14,684
6
0.69018
Maintenance dredging + facility maintenance
$2,670,352
$1,843,024.36
$1,843,024
7
0.648818
Facility maintenance
$20,000
$12,976.36
$12,976
8
0.609935
Facility maintenance
$20,000
$12,198.70
$12,199
9
0.573382
Maintenance dredging + facility maintenance
$2,670,352
$1,531,131.02
$1,531,131
10
0.539019
Facility maintenance
$20,000
$10,780.38
$10,780
11
0.506716
Facility maintenance
$20,000
$10,134.32
$10,134
12
0.476349
Maintenance dredging + facility maintenance
$2,670,352
$1,272,019.11
$1,272,019
13
0.447802
Facility maintenance
$20,000
$8,956.03
$8,956
14
0.420965
Facility maintenance
$20,000
$8,419.30
$8,419
15
0.395737
Maintenance dredging + facility maintenance
$2,670,352
$1,056,756.47
$1,056,756
16
0.37202
Facility maintenance
$20,000
$7,440.41
$7,440
17
0.349725
Facility maintenance
$20,000
$6,994.51
$6,995
18
0.328767
Maintenance dredging + facility maintenance
$2,670,352
$877,922.54
$877,923
19
0.309064
Facility maintenance
$20,000
$6,181.28
$6,181
20
0.290542
Facility maintenance
$20,000
$5,810.83
$5,811
21
0.27313
Maintenance dredging + facility maintenance
$2,670,352
$729,352.50
$729,353
22
0.256761
Facility maintenance
$20,000
$5,135.22
$5,135
23
0.241374
Facility maintenance
$20,000
$4,827.47
$4,827
24
0.226908
Maintenance dredging + facility maintenance
$2,670,352
$605,924.84
$605,925
25
0.21331
Facility maintenance
$20,000
$4,266.19
$4,266
26
0.200526
Facility maintenance
$20,000
$4,010.52
$4,011
27
0.188509
Maintenance dredging + facility maintenance
$2,670,352
$503,384.73
$503,385
28
0.177212
Facility maintenance
$20,000
$3,544.23
$3,544
29
0.166591
Facility maintenance
$20,000
$3,331.83
$3,332
30
0.156608
Maintenance dredging + facility maintenance
$2,670,352
$418,197.39
$418,197
$27,103,520
$11,237,950.63
Total
$36,725,876
$2,776,020.49
Capital Recovery Factor
0.07558759
Average Annual Cost
$2,776,020.49
$2,776,000
38

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