Capital Equipment

A Little History

Years ago – Capitalized by System Then came the idea of Capitalizing by components

Now we have come full circle and are Capitalizing by Systems

Capitalizing Under two methods

Prior 2010 components have Property Numbers

Capitalized by components A Component must be surplused Replacement Component capitalized

Provide Cost of each major component

Currently Systems have Property Numbers

Capitalize by systems– Example

AS System SVE System Enclosure, CP & T

Provide Cost of Systems

Example: List components of Systems

SVE SystemBlower Heat ExchangerMoisture SeparatorTransfer PumpBag FilterManifold VE

Advantage to Capitalizing Systems: do not capitalize or surplus components *Still need makes, models and serial numbers of components

*Items with a cost of $1,000. or more must be listed as a component of a system

AS SystemCompressor 1Compressor 2Heat Exchanger 1Heat Exchanger 2Manifold ASControl PanelTelemetry

Currently

So you have a repair -replaced compressor

Repair (This is the advantage of Capitalizing systems)

Shoot me an Email equipmenthelpdesk@wrscompass.com

Need to up date the database with new:

Make and Model Numbers New Serial numbers Specifications HELPFUL WITH RE USE PROGRAM

You will say

“When you need Equipment for reuse!”

Need 4 Supporting Documentsto capitalize equipment

Property Reporting Form (PRF)

Manufacturers Invoice

Page #1 of the Contractors Invoice

Section G-1.1 of the template W/Changes

Please use Revised PRF

Located on the DEP Website– Announcements and Upcoming events– Equipment information

Enclosure Vs Systems

Price Enclosure Building Trailer Cargo Container

Carbon 55Gal drums are Never Capitalized

Price Systems AS SVE MPX/DPX Oxidizer Carbon Other could be

C-Sparge Ozone

Revised Property Reporting Form

Want to see in G:1.1

Note: Enclosure, CP & Telemetry is Priced separately but will be given one Property #

Revised Property Reporting Form

One enclosure perProperty Reporting Form

An Oxidizer

Will always have its own Property Reporting Form

Oxidizers are Going Places “Usually on Trailers”

Potential Component List

The components will need to be entered under Systems Potential Component List for Systems - on the 2nd Tab of Property Reporting Work Book Form

AS System Compressor Heat Exchanger Manifold AS Control Panel Telemetry

SVE System

Blower Manifold VE Moisture Separator Air Stripper Tray Air Stripper Tower Equalization Tank

Knock Out Tank Transfer Pump Bat FilterControl Panel Telemetry

Use the Potential Component List for entering components under systems

Equipment has been Capitalized

You will Receive Property Letter listing equipment

Is this CORRECT? If not, let me know

You will see this list each year AS YOUR INVENTORY!

Make sure decals are attached to equipment

Receive New Property Numbers

#2Need Signature of SM or O&M Inspector / Consultant #1 Return signed copy

of Property Letter or Email signed copy

Property Letter

Is the letter Signed??

Are All items listed?Any major component not listed??

NOTE:Enclosure Trailer Listed

Site Manager has Decalsand Returns CORRECTED……. Property Letter

“Hey Bob”

This ain’t

no

Trailer !!!

But the “Property Letter” says it’s a Trailer !!

Better make correction to Property Letter

Signed Property Letter

Needs to reflect equipment Purchased on the indicated work order.

Existing Property and Transfer Property will not be listed on Property letter

(But will be on the end of year Inventory)

Questions ??

Questions before we talk about Titles?

Titles & Certificates of Origin

ALL Starts with the VIN Number

(Vehicle Identification Number)

Did you Know….

A VIN Number has 17 digits

There is an algorithm for determining and checking VIN Numbers

Algorithm ….Fun Facts

The following algorithm is used for calculating check digits:

1. Each letter is assigned a numeric value.

character A B C D E F G H I value 1 2 3 4 5 6 7 8 9 character J K L M N O P Q R value 1 2 3 4 5 6 7 8 9 character S T U V W X Y Z value 2 3 4 5 6 7 8 9

2. Each number or character value is multiplied by the factor for that position.

position 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 factor 8 7 6 5 4 3 2 10 0 9 8 7 6 5 4 3 2

3. The resulting products are summed. 4. The total is divided by 11. 5. The check digit is the remainder. If the remainder is 10 then the check digit is X

(Roman numeral 10).

1-3 World Manufacturer identifier

4-8 Vehicle Attributes 9 Check digit 10 Model Year 11 Plant Code 12-17Sequential Numbers

VIN # and your Property Reporting Form

List non-expendable equipment/personal property (excluding software), costing $1,000 or more that was purchased under the DEP Preapproval work order or task assignment listed below. Submit one completed form for each modular skid or trailer mounted system. I. General InformationContractor Name Date PurchasedPre-Approval Work Order# ManufacturerState Cleanup Contract #/Task Assignment # System Model #Location (DEP Facillity ID#) System Serial #

II. Treatment System CostsVendor Cost $ (w/tax & shipping)Contractor MarkupTotal CostDEP Cost Share (%)DEP Cost

III. Treatment System Type (Check system type that applies and indicate whether skid or trailer mounted . If multiple treatment types are mounted on one skid or trailer check all types that apply. Check "other" if treatment system type is not listed or if purchasing individual components).

Air Sparging Diffused Aerator Thermal Oxidizer Skid Mounted (list dimensions)Airstripper Dual Phase Extraction Other Building Mounted (list dimensions)Carbon System Pre-treatment Trailer Mounted (list dimensions)Catalytic Oxidizer Soil Vapor Extraction (& list trailer VIN number)

Trailer Mounted List VIN NumberList Dimensions

Certificate of Origin

Acceptable for Trailers less than 2000 lbs

AKA “MSO” Manufacturer’s Statement of Origin

Trailers more than 2000 lbs

Contractor required to provide Florida Title

VIN verification form W/ Certificate of Origin at the DMV= Florida Title

VIN verification forms are found at the DMV or I can provide one for you

An officer or Examiner from DMV must sign the VIN Verification Form

Certificate of Origin

Florida Title

Need signature of Seller (Contractor)

Print Sellers name legibly

Leave buyer and price blank

Seller must sign here:

Seller Must sign here

Print here

Format of the title may change

Signature

of Seller

Print Name

of Seller

Out of State Titles

Not accepted

VIN Verification is needed

Vin Verification Form PLUS “Out of state Title” at DMV =

Florida Title

Vehicle Tags

There are NO -Universal Tags Tags are on file at WRScompass You may Request a vehicle tag Return Required

When Trailer has been set up or moved to storage (exception): if trailer is to moved again within 6mo.

Vehicle Tags

On File at WRSOr

Tags on Trailers Only if being moved within 6 months

* Not in the possession of contractors

Still have a few Untitled Trailers

DMV = 3 day Temporary Tag

For moving remediation equipment on wheels from one site to another

Cost= $50.00

Thank you,

For your Attention.