This application is confidential and proprietary. Please do not share the link or access to this system with anyone outside of our organization.
Sometimes the net cost of a Garland roof will exceed the cost of the compared commodity roofs. This shows up as deficit amounts in the Executive Summary. The report is still useful, however, because a nominal deficit can be inspections, design details, etc., that are included in Garland’s material pricing — or other factors such as reduced administrative burdens, peace of mind, and so on.
System Considerations
This system is compatible with all mainstream browsers on desktops, laptops, tablets, and smart phones: Chrome, FireFox, Safari, Microsoft Edge, Internet Explorer, Opera, etc.
This application requires JavaScript to be enabled on your browser.
Printing Considerations
Remember to turn off header and footer options in your browser prior to printing, to prevent the URL and other extraneous information from appearing on your Executive Summary printout.
Many browsers will allow you to save the Executive Summary as a PDF for emailing or future reference. For example, on an iPhone you can export the Executive Summary to iBooks, which will place a PDF copy into your iBooks bookshelf. PDF apps are also available for other platforms.
iPhone and iPad users can use Apple’s AirPrint function to get a hard copy of the Executive Summary on a nearby AirPrint-enabled printer. You can also use the Cloud Print feature of Google Chrome to print an Executive Summary from a smart phone or tablet to a cloud-enabled printer.
Many browsers will allow you to save the Executive Summary as a PDF for emailing or future reference. For example, on an iPhone you can export the Executive Summary to iBooks, which will place a PDF copy into your iBooks bookshelf. PDF apps are also available for other platforms. iPhone and iPad users can use Apple’s AirPrint function to get a hard copy of the Executive Summary on a nearby AirPrint-enabled printer. You can also use the Cloud Print feature of Google Chrome to print an Executive Summary from a smart phone or tablet to a cloud-enabled printer.
Data Submission Process
Do not type dollar signs or commas into numeric fields.
Alphabetic fields must contain at least four characters.
If you can’t find the industry you are looking for in the Market Segment list, talk to your Regional Manager about an alternative strategy to use with that customer. This list identifies the estimated WACC percentage (weighted average cost of capital) for various market segments.
Executive Summary Presentation
The Executive Summary will appear in print much like it is displayed on your screen, but the printout may display a URL and other extraneous data unless you remember to turn off headers and footers in your browser.
If you click on the GENERIC button in the Report Options, Garland-specific language and the Garland logo will be omitted from the Executive Summary. This allows it to be incorporated into proposals or specifications where bannering Garland may not be appropriate.
Talking Points
What economic forces are considered in establishing life cycle costs? The present values of future constructions are computed based on the weighted average cost of capital (WACC) for each selected market segment, and adjusted for inflation based on industry standards for materials and labor. Depreciation tax credits for non-exempt entities are also applied based on the prevailing abatement rate and limitations for the applicable state or province.
What would be a layman’s explanation of WACC? It is the rate that a business or a market segment expects its capital to increase in value over time. Conversely, it is also perceived as the cost of spending money now instead of later, or the benefit of spending later instead of sooner. It is normally expressed as an annual percentage rate. It differs by market segment because different businesses have differing growth opportunities. WACC is also affected by inflation trends.
How are comparisons made when life cycle years aren’t even multiples of each other? The roof with the longest life span is used as the comparison standard. The other roofs are projected out, using future replacement construction estimates to at least that life span or beyond. The total present values of those roofs are then prorated to equivalent comparable quantities using annuity reconciliations.
Which businesses would pay the most attention to life-cycle costing? Those that perceive capital expenditures as investing money, rather than spending money; that is, those that look for long-term solutions rather than quick fixes, and are willing to look for long-term cost savings.
