MANUAL No - Forest and Wood Products Australia

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Manual No. 8: Termite Attack 79 The cost of good quality inspection is assumed to be $500 every 2 years. Combining this information with the classifications given in Table 4 leads to the following total costs over a 50 year period: cost for high quality inspection = $25,000 cost for medium quality inspection = $6,000 cost for low quality inspection = $2,000 The cost of good quality maintenance for chemical treatments is assumed to be $2,000 every 5 years. Combining this information with the classifications given in Table 5 this leads to the following total costs over a 50 year period: cost for high quality maintenance = $20,000 cost for medium quality maintenance = $10,000 cost for low quality maintenance = $2,000 The cost of installing a physical barrier such as Granitgard or Termimesh is taken to be $1,000. Should a termite attack occur, the cost of the potential damage is classified as follows: cost of low damage = $2,000 cost of medium damage = $5,000 cost of high damage = $20,000 8.5.2 Effective Cost of Termite Protection Strategies The effective cost of a protection strategy is taken to be given as follows: Cost of strategy = cost of installation of physical barriers + cost of maintenance of chemical barriers + cost of inspection + (probability of attack)*(costs incurred if an attack occurs) (8.2) 79
Manual No. 8: Termite Attack 80 References Cookson, L.J. and Trajstman, A. 2002. Termite Survey and Hazard Mapping. CSIRO Forestry & Forest Products Report No. 137. http://www.ensisjv.com/ResearchCapabilitiesAchievements/WoodProductsProcessingandProt ection/WoodProcessing/TermiteHazardMapping/tabid/369/Default.aspx Commonwealth of Australia, Ecologically Sustainable Development Working Groups. Final Report — Agriculture. Australian Government Publishing Service, Canberra, 240 pp., 1991. 80
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MANUAL No - Forest and Wood Products Australia

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