< Previous | Index | Next >
Let's See How it Works
Please refer to example entitled:
Example of Low Value / High Bulk
Notes:
Explanation/Example
SUBPART D Reference: § 24.301(g)(18)
Example of Low Value / High Bulk
Atkins Hardware has a 500 gallon kerosene tank with a remaining content of 100 gallons. Each gallon of the kerosene sells retail at the time of displacement for $2. The cost to provide a truck, pump the tank contents, filter it for water and foreign debris, deliver it to the new location is estimated at $400, which is greater than the materials' value. Delivering new kerosene to the new store location would cost about $1.45 per gallon for a five-hundred gallon delivery, and about $1.75 per gallon for a one-hundred gallon delivery.
If the remaining 100 gallons of kerosene were sold at old site: $200
If 100 gallons are delivered to the new site: $175
The business is entitled to $175
Note: The bulk supplier will accept a donation of the kerosene located at the old location.
To provide feedback, suggestions or comments for this page, contact Arnold Feldman arnold.feldman@fhwa.dot.gov