![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, March 05, 2014 10:46:47 PM
Tearing down equipment is not an easy thing. I worked in a nuclear environment once, and deconstruction is probably more expensive than construction. Every NATO country had places in the '50's where they experimented with nuclear energy. It is the basis of the nuclear industry today.
Well, they must be cleaned up now. Not only do you have to deal with radioactivity, you have to deal with asbestos and other contaminants. All fluids have to be removed. Fire safety has to be maintained literally until the crane ball starts to move (these were wooden buildings). Disconnecting services has to be planned, and that can be more work than connecting them in the first place.
It is natural that engineering is going to be done for the Owner by a third party. I worked in an industrial gases project environment. We utilized out own engineers for all of the Electrical and Mechanical (piping) work for any installation. Civil was outsourced because we were not particularly god at it, and since out plant was on our customer's sites (much like JBI) we utilized a consulting firm that already had extensive knowledge and data on the geology.
If JBI sells a processor to a customer it is going to require extensive engineering work, which will most likely be done by a firm hired by the Owner. Since it will most likely be a Union Construction shop, it will require Union labor, will cost Union rates, and will require an extensive set of plans, which means lots of engineering work needs to be done.
The SAIC Summary details this quite well, and the numbers jive with my experience.
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM