Creating the right environment for the children to indulge their vivid imagination and providing props for their role-play is crucial to ensure they maximize the free play opportunities. In parks, park playground equipment is becoming more and more carefully designed. Structures are safe and designed to encourage creativity. Some can include unique pieces like musical play pieces that imitate drums. Park equipment adds immeasurably to the comfort and the convenience of any park. Good school playground equipment should be designed so children with a wide range of physical abilities can enjoy it. Park Playground equipment can provide your child with exercise, entertainment, and motor skills. Purchasing playground equipment for your child will ensure they enjoy years of active fun. Having playground equipment at home will not only allow you freedom, but will allow your child the opportunity to play on their schedule. With the ability to visit the park in their own backyard on their own time, children are much more likely to get the exercise they need.
Having fun and safe playground equipment in your own backyard makes it easier for you to go outside and play with your children as well. For starters, you don’t have to load them into the car and take them to the closest park. You can just open up your back door and head out for some quality family time whenever you want, day or night, it is up to you. Plus, since you don’t have to share the park with others you can also take a swing through memory lane whenever you want. Feel the breeze on your face and dream about flying just like you did when you were young. Bonding with your children through playtime sets a great example as a parent, and as an added bonus, it will give your children a lifetime of memories to hold on to and to share with their children.
If you are planning to open an amusement center for kids then it is really a good thing. Like land and the location of the park, the park equipment installed for the kids also play an important role to attract more number of kids to your newly established fun zone. A park with comfortable benches set along the pathways has a much more welcoming ambiance than a park with nowhere to sit. A park with picnic benches and bicycle racks invites people to linger. Parks that host sports teams are more pleasant for players and spectators alike if there are bleachers and a player’s bench. Park equipment need not be limited to the park, however. Many families are finding that park-quality equipment is ideal for their own backyards because of its durability and attractiveness. Since it’s made to withstand heavy wear and extremes of weather, it can easily stand up to normal family usage. Park playground equipment in a variety of themes is available throughout our website koochieplay.com, and information about different materials is also available.
Hi, This is Santosh Bhol from Indian SEO, I am senior SEO having 3+ years of exp in content development, we provide SEO solutions to 100+ clients, from different countries like: US, UK, China, India….To know more details about the articles please go through our website:-http://www.koochieplay.com
It’s a good idea not to leave your kids alone at the playground. Of course this is up to the parent and varies based on things like age, distance and length of stay. Accidents can occur and it would be unfortunate for a child to get injured and be too far away from home to get proper help. Bounce Back Safety Playground Surfaces are made of commercial grade, shock absorbing, resilient, and rubber mats that provide long-term answers to safety. This playground flooring offers excellent performance, durability, appearance and ease of installation. The non-slip surface is easy to clean and maintain, and will be your safety solution for many years to come. Originally designed as outdoor playground surfacing, these safety rubber tiles are now used for all types of applications where falls and injuries may occur including swim parks, skateboard parks, and rock climbing walls. In addition, Bounce Back rubber safety surfaces are ideal for decks, stairways, patios, pool areas, sports courts, walkways and areas needing sound reduction. It is also excellent for indoor applications including areas around stairs and bunk beds, and it is great exercise flooring.
It is of high importance that if you have a playground or are interested in building one in the near future, you need to have some safety flooring tips that will guide you and make the playground safer for the children.
1. The floor of the playground must not be made or fashioned from very hard objects. Playgrounds with concrete, dirt, grass, asphalt or even cement floors have a tendency of doing a lot of harm to any child that falls – let’s say – from a swing and hits his head. On the contrary, using woodchips, rubber mulch as floorboards will help break the fall of the child and therefore reduce the seriousness of any injury that might result.
2. Ensure that the surface area is not just limited to the equipment area. Extend it to beyond the area where the kids would be playing by a minimum of 6ft.
3. Ensure that all concrete slabs anchoring the playground equipment are safely out of sight. This might mean that they have to be well inserted or hidden underneath the playground.
4. Create enough space for the children to be able to run around without necessarily running into each other.
Hi, This is Santosh Bhol from Indian SEO, I am senior SEO having 3+ years of exp in content development, we provide SEO solutions to 100+ clients, from different countries like: US, UK, China, India….To know more details about the articles please go through our website:-http://www.koochieplay.com
KOOCHIE PLAY SYSTEMS is amongst the fastest emerging playground equipment manufacturer that provides quality outdoor playground equipment. The dream [after all everything begins with a dream] we have, is not about making or selling playground systems like no one else does, nor was it to offer a product what everyone wanted, but to become a playground equipment supplier that offers TOTAL SOLUTIONS which would first of all include
CHILD SAFETY [an aspect that has been completely ignored till date in the Indian market],
MEETING INTERNATIONAL STANDARDS in terms Of quality, aesthetics, product life, design, planning & execution.
KOOCHIE has right from the beginning, redefined the rules of the game and achieved a successful balance between SAFETY, RELIABILITY, QUALITY, ASTHETICS, DESIGN and EXCELLENCE.
The service offered to our clients has proved extremely popular and has enabled Play Ground Supplies limited to achieve it’s aim of providing a quality service and value for money.
At we KOOCHIE, provide a one-stop TOTAL SOLUTION, providing you with playground equipment, EPDM rubber flooring, indoor club house / recreation play equipment, as well as other additional park accessories. This helps you to save time when selecting and coordinating all these elements.
WE CAN ALSO HELP YOU CREATE A CUSTOMIZED UNIQUE PLAN FOR YOUR PLAYGROUND EQUIPMENT APART FROM THE SYSTEM IN OUR CATALOGUE.
With our extensive experience in the playground industry, we are positioned to provide you, the customer, with help from choosing the right playground equipment, to designing the flooring, and building that special playground that would make your project so very unique.
Consultancy : Choosing that special playground that reflects your play area is important. We’ll help you select the right designs, colour scheme, and the right equipment, all at an affordable price.
Design : To help you visualize the playground area, our design team, will create an AUTOCAD, 2D, top view, Column & Deck alignment specifications, post measurement etc representation. This enables you to arrange and fine tune the placement of your play equipment, as well as to design your safety flooring.
Build & Install : Once you have finalized your design, we will start to build your playground. We will oversee the entire project, from installing the playground equipment to laying the safety flooring & also installing your club house / recreation requisites.
Buying a koochie system
When you buy a koochie system, you buy a branded product. Buying a branded product assures you that you are buying a product from a trusted body that has its own proper infrastructure & logistics & not a fly-by-night operator! With a koochie warranty you are assured of buying a genuine product from a genuine brand. A brand that has its own offices & team that are located in 5 major cities in India with distribution networks reaching all over India. This assures you of localized service by the company itself. When you buy a koochie product you get what you have been assured of! The posts are guaranteed to be hot dipped galvanized steel; the plastic used is guaranteed to be virgin lldpe granules imported from Samsung. When you buy a koochie product you get a solution. You don’t just buy a product. The koochie in house support team gives you professional solutions right from consultation, design & installation all this as a value addition at no extra cost.
Buying from an agent/ importer or distributor
When you buy a system from an importer or an agent or a distributor. You are always exposed to the risk of the importer / agent/ distributor’s business arrangement with their principal. What can you do if the importer stops importing from a particular factory or if the factory changes their agent?
When an importer gives you a warranty it practically is meaningless as the importer is merely an agent & not the manufacturer or brand owner. He may or may not continue importer from the factory that he has purchased his equipment from. This leaves you, the customer at a very high risk element. When you buy a system from an importer, agent or distributor, how are you assured of all this? Who can you hold responsible tomorrow? He could be here today, gone tomorrow!
The importer, agent or distributor has to rely on their principles for all this & you in turn have to rely on their “reliance”.
To know more details please go through our website http://www.koochieplay.com
Hi, This is Santosh Bhol from Indian SEO, I am senior SEO having 3+ years of exp in content development, we provide SEO solutions to 100+ clients, from different countries like: US, UK, China, India….To know more details about the articles please go through our website:-http://www.koochieplay.com
A substantial element of creating a safe atmosphere for your workforce mandates reducing the likelihood that an employee’s environment can in some fashion play a part or raise the danger of an accident taking place. Safety Managers are required to repeatedly engage in the assessment of a facility’s workflow, especially if it is often reconfigured in order to have capacity for other projects, or if employees are often likely to be in motion around the building or workshop and execute their unique tasks in shifting conditions.
The storage of possibly unsafe materials falls in this class of risk mitigation. Keeping workers secure from the dangers presented by certain kinds of chemicals, fumes or other items means more than just restricting access. It involves comprehending the characteristics of the agents themselves, the situations in which they could potentially become harmful, and the regulatory statutes that have been mandated to diminish the probability of an accident occurring.
The Occupational Safety and Health Administration has recently determined a Direct Final Rule on the subject of the acetylene industry that addresses obsolete statues covering the handling, storage and moving of cylinders containing this volatile gas. Becoming regulation effective November 2009, the updated protocols are meant to increase the wellbeing of workers who regularly work with acetylene.
The fresh regulations make it unmistakable that supervisors are required that their workplaces conform to the Compressed Gas Association Pamphlet G-1-2003, Acetylene. A key condition of this pamphlet alters the conditions in which acetylene cylinders can be stored. Before, it was not uncommon for cylinders to be transported from facility to facility in closed environments, be they car trunks, sealed trucks or possibly even in corrals. Workers were also permitted to stock acetylene cylinders in unventilated lockers, closets, drawers or small storage rooms. These practices dated back to 1966, when acetylene storage guidelines were last updated.
This latter habit is no longer permissible, due to the eruption and detonation hazards presented by likely gas increase from leaking cylinders. In order to stop this type of disaster from occurring, a new guideline that acetylene cylinders be managed in well-ventilated lockers or cabinets have been put into position. Examples of the adequate type of gas cylinder storage units include Justrite aluminum cylinder lockers, which feature an open grille design and many configurations to permit horizontal, vertical or mixed storage. The aluminum construction also makes the lockers resistant to deterioration, making them appropriate for use on out-of-doors sites where pilfering of cylinders is a worry.
Fire-resistant safety cabinets are not suitable for acetylene cylinder storage. Even though these units may seem to offer safety against potential explosion, their air-tight confines can in reality contribute towards the increase of dangerous leaked gas pressures, escalating risks even with their solid construction. The volatility and insecurity of acetylene gas means that no risks ought to be taken during storage. The updated OSHA guidelines should increase employee safety across a wide array of industries, specifically those where large-scale welding is a general occurrence.
In a power generation facility uninterrupted steam production is vital. It follows logically then that a reliable source of boiler quality feed water is also vitally important. Frequently these days this means the installation and operation of an Industrial Reverse Osmosis (RO) system.
The use of RO in power generation facilities has become increasingly common over the last 15 years, especially in newly built facilities. Reverse Osmosis retrofits to the boiler water pre-treatment systems of large, older power generation facilities are common as well, irrespective of the fuel source.
This article presents 5 operational considerations when purchasing an industrial reverse osmosis system for your Power Generation facility.
Industrial Reverse Osmosis Consideration #1: Focus on the permeate
In Power Generation facilities normally the permeate is the desired water stream. System designs with more than one pass may be needed to ensure that the final product is of the specified purity. Other considerations may include RO redundancy to allow some trains to be removed for cleaning or membrane replacement, boiler makeup demand vs. RO flow rate, the need for an RO water storage tank, both upstream for the RO feed and downstream for the permeate.
Industrial Reverse Osmosis Consideration #2: Sometimes you’ll focus on the reject
If the reject is the desired product, multi-staging may be necessary. In a power plant, wastewater and in some instances cooling tower blow down will be concentrated using multi-staging RO to reduce the total quantity of water that must be treated to final effluent standards.
Industrial Reverse Osmosis Consideration #3: Prevent scaling of the RO membranes by hardness, strontium, or barium
The three most common means of preventing scale build up in Power Generation RO systems are; feeding acid to control pH, installing a softener ahead of the RO system and feeding an antiscalant.
Industrial Reverse Osmosis Consideration #4: Prevent microbiological fouling of the membrane
While generally not as damaging as mineral scale, microbiological fouling can significantly reduce the efficiency of a Reverse Osmosis system. Again, preventing fouling is a far more effective strategy than fouling remediation. Microbiological fouling of Reverse Osmosis systems is generally done by controlling the MB content in the RO feed water to a specified maximum using a biocide.
Industrial Reverse Osmosis Parameter #5: Prevent non-microbiological organic fouling of the RO membrane
This is most successfully done by controlling the COD of the RO feed water. If the RO feed water is plant service water and uncontaminated (or does not contain recycled water or waste water) then the COD is almost always color or decaying vegetation. Both can be removed through proper upstream clarification or an anion exchanger.
If the RO feed water contains a recycled or waste component, then the COD can be almost anything. In this case, proper upstream treatment using secondary (biological) treatment of the waste or recycled stream will be needed to reduce the COD to levels such that non-biological organic fouling of RO membranes does not occur.
An in-depth discussion of Reverse Osmosis design considerations for the Power Generation Industry including tables and drawings can be downloaded in the free 11 page Layne Christensen white paper titled Eleven Things to Consider When Purchasing a Reverse Osmosis System for Your Power Generation Facility.
As a leader in the development of Reverse Osmosis (RO) systems, Layne Christensen Company has the technical expertise to design and build reverse osmosis systems for all of your plant water needs.
Beyond RO, Layne Christensen’s Water Treatment Division Research & Development team focuses on refining and expanding the water treatment methods we currently employ so we can meet the most demanding challenges head-on with innovation.
Your concerns about water quality are Layne’s concerns as well. The Water Treatment Division has been resolving water quality problems for over a half century, installing thousands of treatment systems throughout North America. You can reach our technical experts through our website at www.LayneWater.com or by phone 262.246.4646.
In a power generation facility or any industrial facility that uses large amounts of steam, uninterrupted steam production is vital to the facility. Often this means that somewhere upstream of the boiler there is an industrial reverse osmosis system. The purpose of this system is to ensure an uninterrupted source of ultrapure boiler feedwater is also vitally important.
The use of RO in industrial and power generation facilities has become increasingly common over the last 15 years, especially in newly built cogeneration and independent power generation facilities. Reverse Osmosis retrofits to the boiler water pre-treatment systems of older industrial facilities are common as well. This is especially true for base-loaded traditional utility power generation facilities regardless of fuel source.
This article presents 6 operational parameters for your consideration prior to purchasing a Reverse Osmosis system for your Power Generation facility.
Reverse Osmosis Equipment Parameter #1: The Cost of Wastewater Treatment
Wastewater treatment or disposal costs are continually increasing. For those plants where the cost is becoming punitive, it might make more economic sense to design the wastewater RO system with additional stages to reduce wastewater to the minimum possible amount. In some “zero discharge” power generation facilities specialized Reverse Osmosis systems and other equipment such as crystallizers may be required. To provide an example of just how dramatically multi-staging can reduce wastewater volume consider that a 400 gpm, 400 micromho stream can be reduced to just 7.5 gpm with a 3-Stage system! The conductance of course increases dramatically along the way rising from 400 micromho to 21,320 micromho!
Reverse Osmosis Equipment Parameter #2: Choose Either Cellulose Acetate (CA) or Polyamide Composite (PA) RO Membranes
Cellulose Acetate and Polyamide Composite membranes vary widely in the way their physical and chemical resistance. Fluid temperature, pH and chlorine resistance are just 3 examples of fluid characteristics that would make you favor one over the other. Operating pressure is another. CA membranes can operate at significantly higher pressures (greater than 450psi) vs. PA membranes (300psi maximum).
4 RO Feedwater Characteristics and Variability Parameters to Consider
The RO feedwater must meet certain criteria. If not, RO membranes will perform poorly; they will foul quickly, require excessive and expensive cleaning, and may become damaged to the point where they must be replaced prematurely. When this happens permeate water quality and output will decline.
In addition, care must be paid to the variability of the plant service water that feeds the RO system. Surface water can vary seasonally, and during spring run-off, turbidity can increase to well over 500 Nephelometric Turbidity Units (NTU). Even well water can vary in dissolved solids content.
Reverse Osmosis Equipment Parameter #3:
How variable is the plant service water seasonally in dissolved solids, COD (Chemical Oxygen Demand), color, turbidity, temperature, and suspended solids? Is the treatment equipment upstream of the RO system capable of handling any excursions?
Reverse Osmosis Equipment Parameter #4:
For surface water sources, how variable is the plant service water during spring run-off, and during lake turn-over? The turn-over occurs twice annually, when the lake temperature passes through 40° F [4.4° C], the point of maximum water density. During this turbulent time there is a significant increase in suspended solids and turbidity as dirt and silt are stirred up from the bottom.
Reverse Osmosis Equipment Parameter #5:
For a newly drilled well, how stable is the water chemistry? While Total Suspended Solids might remain stable, Total Dissolved Solids can vary seasonally and throughout the life of the well.
Reverse Osmosis Equipment Parameter #6:
Test the Silt Density Index (SDI) frequently. The Silt Density Index is a measure of the fouling tendency of the feedwater to a RO system. Typically, spiral wound reverse osmosis systems will need an SDI less than 5, and hollow fiber RO systems will need an SDI less than 3. If necessary, have a particle size distribution study done on the suspended/colloidal solids in the plant service water and the RO feedwater.
An in-depth discussion of Reverse Osmosis equipment design considerations for the Power Generation Industry including tables and drawings can be downloaded in the free 11 page Layne Christensen white paper titled Eleven Things to Consider When Purchasing a Reverse Osmosis System for Your Power Generation Facility.
As a leader in the development of Reverse Osmosis (RO) systems, Layne Christensen Company has the technical expertise to design and build reverse osmosis systems for all of your plant water needs.
Beyond Reverse Osmosis equipment, Layne Christensen’s Water Treatment Division Research & Development team focuses on refining and expanding the water treatment methods we currently employ so we can meet the most demanding challenges head-on with innovation.
Your concerns about water quality are Layne’s concerns as well. The Water Treatment Division has been resolving water quality problems for over a half century, installing thousands of treatment systems throughout North America. You can reach our technical experts through our website at www.LayneWater.com or by phone 262.246.4646.
Ever wonder how skyscrapers are built? Most of us don’t.Tall building anchoring requires enormous time for careful planning and execution.To support the building, one consideration in the plannng process is the depth and strength of the piles needed for building support.Deeper piles are needed the higher the building. Pile driving equipment is used to build and secure these piles.
What are Piles?
Piles are the huge cement columns that you see when the skyscraper is first being built. Only a small portion of the actual column can be seen. These “columns” are sunk deep into the ground.the height of a the final structure depends on the depth.To prevent collapse in storms or earthquakes, a 28 story building may require piles driven 30 meters underground to bear the weight and anchor the building against outside stressors .
Diameter Considerations
the diameter of the piles must also be considered for adequate wweight bearing capabilities. Each pile must be built to withstand not only the weight of the final building. In addition to depth, the diameter of each pile must be calculated and the number and placement of the piles needed to provide the needed to support the building.
Soil Composition
The planning process must take into account the weight bearing needs of the building and how the building is to be anchored for stability. However, another even more critical factor is the composition of the soil upon which the building is to be built.
Loose or sandy soil requires much more depth and more piles than more compact soil. Also clay soil presents unique challenges to proper construction given the expansion and contraction characteristics of this soil.
Equipment Requirements to Drive Pile
Different jobs have different equipment needs to ensure that piles are driven to an adequate depth and have the proper diameter for the necessary weight bearing for a building. The requirements for the equipment vary by final height of the building and soil composition. Loose soil requires that pile be driven deeper into the ground and have a significantly larger diameter than pile driven into compact soil such as clay. The geological rock layer also plays a factor in planning the equipment needed to complete the job.A rock layer provides a base for a secure foundation but requires drilling to into this rock layer.Very specialized equipment is needed to provide adequate support.
Pile Driving Equipment Suppliers
As is ususal with such specialized equipment, there are only a few manufacturers who have worldwide distribution. Except for the largest construction companies, the necessary pile driving equipment is, not only purchased, but rented, depending on the requirements of each job. The equipment is large and heavy and must be transported from job to job which can be in widely separated geographical locations.Building construction planning is one componenet of the process but more importantly, is carefully planning when and where equipment is needed and how to transport it to the job site.
The definition of the word ‘passive’ is something which is not reacting or lethargic but this couldn’t be further from the truth when referencing a system that by law is in place to protect a building against the dangers of fire. Ask someone to explain passive fire protection and they’ll be at a loss for words or at best slightly unsure of their answer. Yet enter any premises which is wholly compliant with fire regulations and you’ll find this built-in protection all around you.
The safe protection of a building, and the people who occupy it, from the hazards of smoke and fire relies upon a wide range of factors. From design of the building itself to fire safety mechanisms (fire alarms, smoke detectors, extinguishers etc.), emergency lighting, fire alarm signs and fire exit signage. The whole process and procedure of ensuring fire safety is a complex issue and unless you’re trained to identify all these fire protection products you may have a hard time trying to spot them all.
Building construction is usually carried out using materials such as steel, concrete or wood and ensuring fire is contained within the design is critical to fire performance. This in-built fire protection is normally hidden within the structure of the building. Many people are aware of the visible fire protection systems such as alarms, sprinklers and fire extinguishers and will have a basic knowledge of their function, however fire containment and fire stopping is not so obvious.
Have a look around the walls and flooring the next time you are in a building. You’ll notice all the service pipe work such as drainage pipes and electrics disappearing into a surface and reappearing who knows where. What appears as a simple hole in the wall to allow these pipes to weave throughout the building can have the potential to be a smoke, gas or fire hazard if not constructed in the correct way.
Media reporting of a building fire will typically report such statements as ‘the fire spread throughout the building quickly’ so the question to ask is was there adequate fire containment in the fabric of the building in the first place. It’s true that ensuring the successful compartmentalisation of a premises to prevent fire spreading in such a way may only be determined after a fire- but at what cost? There is no financial figure to put on the loss of life but statistically more than 80% of businesses that suffer a major fire go out of business 12-18 months later.
The cost of fire damage to the UK economy each year exceeds £7billion and yet many people still perceive fire as a low risk and passive fire protection as something that is automatically there or unnecessary. If your business is responsible for the construction or management of a building then passive fire protection should be fit for purpose using products that are certified and installed by professionals.
Simple checks should be made to ensure intumescent door seals, fire collars and fire door hardware amongst others are in place throughout the fabric of the building. The temptation in constructing or maintaining a building is to keep essential fire protection to a minimum but if you fall short on these measures there is no way to rectify them after a fire has completely gutted the premises.
Most companies insist on their sensitive material being destroyed on their premises. In doing so the business owner or a designated person can witness the destruction of the Documents that are of concern.The aircraft people have been doing this for years to destroy many government documents. A couple of the other businesses also concerned are the medical and financial corporation.Some of the secret documents that a business does not want compromised are meeting minutes, account numbers, credit card numbers, contact information, employees records, and accounts, along with company and research and development papers; and this is but a few.Be sure you delegate the job of overseeing this task be totally trustworthy.
There are many national Document Shredding sevices that network with a select group of Triple A NAID shredding companies across the nation that meet the strict standards of this business, They have shredding machines for in the complex or high tech trucks that are their own document shredding factories on wheels that will quickly and securely destroy all of your valuable documents. Whichever option you are advised to use and that you choose, you can be assured that a competent company is taking care of the problem.These companies are conglomerates of many national document destruction companies that are certified under very strong regulations, stronger than the government guidelines. Be confident in the conclusions that are drawn.
Think of how beneficial it will be to use professionals in stead doing this all your self. Your company will be shown the correct document shredding solution for yourr particular needs. Often this is the saving force in litigation. Let these experts, do their job and then you and your employees can do theirs.
First you have to be careful about the leasing company that you are looking for. If it is an accurate choice that must be the biggest money saving in your business and also you can escape from the poor lease transactions. Wrong choice of the leasing company may lead to slow approval, inability of the lessor to deliver, hidden fees, a poorly designed lease transactions. If you are looking for a leasing company, you should look for the following things: 1) experience and knowledge; 2) good reputations; 3) the ability to perform; 4) helpful business contacts; and 6) a relationship approach. Before taking a decision you must enquire about the financial information, recently completed leases and the funding sources of the leasing company.
2. Choose the Right Lease
If the lease for your equipment is the right one, then you will get more savings. When you are planning for a lease, you carefully weigh up the importance of: lease pricing, lease flexibility, balance sheet considerations, equipment obsolescence, the anticipated period of equipment usage, and your firm’s credit status .you should compare two or three top lease bids in the market for discounted cash flows incorporating all anticipated costs and fees. You have to make sure that your lease has favorable end-of-lease options, a reasonable end-of-lease notice period, the ability to relocate equipment by notifying the lessor, the right to terminate the lease early without an onerous charge, and the right to assign the lease to another user under agreed upon conditions.
Big savings can be realized by knowing when to select a lease with a bargain purchase option versus a fair market value option. If you know you will be keeping the equipment beyond the initial lease term, a bargain purchase option is usually the most cost-effective alternative. If the equipment is prone to obsolescence or if it is unlikely you will retain the equipment at the end of the lease, consider a lease with fair market value, end-of-lease options. If your company is in good profitable condition and has a good track record, you can go for a big lease pricing and terms.
3. Ask for Fair Market Value `Caps’
If the fair market value lease is the way ahead in front of you, you can take in big savings by limiting that value. At the end of the lease you can either continue with the lease or you can buy the equipment in fair market value. This value will be set by the lessor according to the after market value at the end of the lease. For better savings you can ask for the fair market value that are capped(which have upper limits) when the lessor is going to `caps’ , the availability of a fair market value cap will depend on the size of the transaction (may not be available on small transactions), competition among lessors, and the credit status of your firm.
4. Keep the End-of-lease Notice and Renewal Periods Short
To avoid big unexpected lease charges, ask notice and automatic renewal periods that are short. The first step is at the end-of-lease notice period, if you want to return the equipment back, and then give the leasing company sufficient time to dispatch the equipment. The second point is to inform the lessor of your plan to either continue leasing the equipment or to purchase it. The notice period generally ranges from one to six months,. If you are violating the conditions of the lessor within this notice period, the lease will kicks into an often poor automatic renewal period, usually one to six months.
5. Slash Interim Rent
The lease costs can be reduced by limiting the interim rent. Interim rent is the rent you pay for daily use of equipment between the equipment acceptance and lease start dates. The motivation for interim rent is that you have use of the equipment and the lessor is forced to pay the equipment vendor during this period. The best option is you choose the equipment delivery at the end of the month, and then you can start lease terms officially on the first day of the next month.
6. Manage Equipment Returns
At the end of the lease you should have to return the equipment. When equipment is returned, most lessors care will be careful about the condition of the equipment. Equipment should be properly maintained and returned in good condition. If the lease contains an `all or none’ return provision, one strategy is to subdivide the lease into several smaller lease schedules on the front end. Place equipment you are most likely to keep on the same schedules. Try to negotiate the right to return up to 20% of the equipment (based on original value) at the end of the lease, as long as you agree to renew the lease or purchase the balance of the equipment. Track and save all equipment accessories and documentation.
7. Match Lease Term with Projected Equipment Use
If your lease term is too short, the cash return for the equipment will exceed the expected benefit. But if the lease term is too long , you can not keep the flexibility of the equipment fine . So the term of the lease should match the expected use of the equipment as closely as possible to save money. in spite of giving preferences to you, the leasing company may depend on their view of credit risk and the estimated economic life of the equipment.
8. Identify and Understand All Potential Fees
Common fees and charges in the leasing proposals include: commitment fees; non-use fees or facility fees; per schedule documentation charges; attorney fees; UCC financing statements; penalty charges for late rental payments; and early lease termination charges. You can definitely save some money by carefully listen to each lease proposal and lease agreement to identify and compare likely charges. If there is any fee or charges are considerable, they should be included into your pricing analysis. Please try to negotiate all such fees/charges.
9. Offer Credit Enhancement to Reduce Lease Rates
In some cases, you can trim lease pricing to a large extent by offering credit enhancements to improve your firm’s credit profile. Credit Enhancement is the unconditional, final guarantee of income flows and counterparty risk. Enhancements can include: shortening the lease term, cash or other assets as additional collateral, personal or corporate guarantees, advance rentals payments, and security deposits. The value of credit enhancements can differ from lessor to lessor, so you have to identify and discuss possible enhancements straight to the lessor.
10. Request Several End-of-lease Options If your lease agreement contains a nominal purchase option, you need some extra end of lease flexibility. Otherwise, you will get some extra more expenses at the end of the lease. The cost effective option is you should return the equipment at the end of the lease. If you need to purchase that equipment after the lease you can buy it at the fair value price or you have the right to continue the lease with a less amount/rent. As discussed, use of caps in fair market value purchase or rental options can greatly reduce potential costs at lease end.