APE November 2022 | Page 13

FEATURE

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THE DAILY CHALLENGE

Mitigating asphalt paver ownership costs

By Jeff Winke

When it comes to asphalt pavers , every contractor faces O and O cost of their equipment . There is Owning costs which is the purchase price of the machine plus financing plus taxes minus the disposal price ( what you get for that machine when you resell it ). And there are Operating costs which equals labor plus fuel plus maintenance plus replacement costs of tires , tracks and other components plus overhead . Add the owning to the operating costs and you have your O & O costs .

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November 2022