Image source: ADBPThe financial costs associated with dredging activity are highly variable, depending on the plant being employed and the type of dredging being undertaken, Anthony D Bates Partnership (ADBP) reports. Since 2005, the Construction Industry Research and Information Association (CIRIA), has published the book ‘Cost standards for dredging equipment’.The guide presents the primary capital values and costs associated with a range of dredging plant, based on their specification. This publication is commonly used throughout the industry for a range of studies including CAPEX estimation, cost allocation between dredging contractors in joint venture and most prominently in disputes, where cost estimation is required to be undertaken.Due to the high capital cost and subsequent value of dredging plant, the accurate calculation of the respective depreciation and interest is fundamental to the build-up of the estimated daily operating plant rates. Ongoing maintenance and repair of the plant also forms a primary cost.The CIRIA publication details these items for a variety of dredging plant. It does not provide detail on other operational costs such as labour, insurance, fuel, wear and tear, overheads and profit/risk.According to the document, these must be derived from further calculations to ascertain the total cost of leasing the dredging plant, commonly known as the daywork rate.The paper was presented by Leigh Holmes at the CEDA Dredging Days conference in Rotterdam on the 7th of November and was well-received – promoting constructive discussion amongst CIRIA Dredging Cost Standard book users across the dredging industry.
Even though the EIAC expanded to 8 teams this year, all the prizes went to East Central and Batesville in track. The Batesville Boys and Girls teams finished 2nd to EC in the conference, but the two schools split the sectional titles. The EC girls pulled out a close victory over Batesville who was short-handed due to illness and injury, but the Batesville boys team turned the tables on EC and won the sectional title for the first time in over 80 years.The Batesville girls team, as well as the boys team, will send their largest contingents to the track regionals in school history. The girls team probably has the best shot of advancing performers to the state tournament. Both Ginny Westerfeld and Kim Tidman will be trying to make return trips to the state meet in Bloomington next Friday night. The boys team did not have a performer at the state meet last year, but they are improving every meet and could find more than one athlete making the trip this year. No particular boy seems to have an edge right now on this opportunity.Coach Lisa Gausman and her staff have developed quite a track program at Batesville since she took over in 2008. Congratulations Batesville High School Track!