rycv slipway replacement briefing session 30 sept 2012
TRANSCRIPT
RYCV Slipway Replacement
Briefing Session 30 Sept 2012
Welcome & Why are we here?
• To provide members with an update on all the Slipway replacement options we have explored.
• To summarise key information for an informed decision on this
long term infrastructure decision.
• More detailed information available in mailout and on web.
The day of the vote is October 19 at 1900hrs
Agenda • Recap on project objectives
• Overview of the General Committee brief for the Platform Lift following the decision by Members at the 2011 AGM.
• Summary of the capabilities and costs of the slipway replacement options
The General Committee’s Project Objectives• To Improve the Efficiency of the Yard
• To provide Members with a cost effective lifting option
• To provide additional lifting capacity
• To cover marina expansion
• For Kindred Club business – major component of yard revenue
• To provide “lift and hold” flexibility
• To cover limitations of Western Hardstand
• Our prices are high….. Our yard layout is inefficient
Club Method
Approx. Yarding Time
Member Price – 12m boat
Annual Slips
Notes
HBYC Slip ? $212 ?
RGYC Slip 60 mins $184 600 Slow jobs extra
RMYS Slip 90 mins $315 plus 100 Cradle prep extra
SYC Travel lift
60-90 mins $325 800 4 yard staffEffective capacity – 6
boats per day
RYCV Travel Lift
60-90 mins (HS)
& 120min (yard)
$464 650Yard times assume
boat “typical”Effective capacity – 4
boats per day
RQYS – Qld
Travel Lift
60 mins $395 580
RPAYC – NSW
Travel Lift
30 - 60 mins $240 850
Why do we need to Upgrade Lifting Facilities
The current slipway was condemned in 2010 Current facilities cannot be operated by
members Current capacity will not handle future task.
Western Hard Stand capacity limited to 8 boats. Operating costs high – very high if move to yard
required
Upgrade needs continued….
Environmental compliance cannot be ignored.
Single lifting facility vulnerability.
Kindred Club business restricted – Lift and hold activities
effectively stop work.
Draft Issues associated with old slip must be addressed
for future operations.
Capacity RequirementsCurrent Task
• 650 movements per annum• Peak months 80 movements – 4 per day• Prior to decommissioning – slipway performed 30% of the
task. Previous 12 months 40% and falling.
Task after marina expansion• 900+ movements per annum • Peak months 120+ movements: 6+ per day• Plus additional wash (300-400 price dependent)
Current Effective Lifting Capacity4 per day (have only occasionally achieved 5)SYC with 4 yard staff report capacity at 6 per day
50%+ capacity increase required
Key Criteria from the Platform Lift Design Brief - 2011
Member operation3m draft lifting at low waterCapacity to 14m x 6.5m beamUp to 40 ton – if additional cost lowDesign life of 45 years Wash down on cradles, trolleys or
careening Must meet current environmental
requirementsMust include 'make good' of basin.
Lifting Upgrade Options Costed for October 2012 meeting
1. Remediation2. Platform Lift3. Second Travel Lift – in key
hole4. New Slipway
(Will also update the 2010 estimates for “flatten Yard” – rejected in 2011)
Comparing the Options - FunctionalityCriteria Option 1 Option 2 Option 3 Option 4
Remediation Platform Lift Second Travel-lift
New Slipway
Member Operated
x x Technical possibility only
3m draft lifting at low water
x x
Capacity to 14m x 6.5m beam
x x
Up to 40 ton x x
Design life of 45 years
x x
Cradles, trolleys or careening wash down
x x x
Comparing the Options - Functionality
Criteria Option 1 Option 2 Option 3 Option 4
Remediation Platform Lift Second Travel-lift
New Slipway
External Revenue
x Only if draft increased
Self Funding with 10 years
x ? ?
Improved Western Hard Stand Operation
x
Improved yard labour efficiency
minimal x
Option 1- “Remediation”Mandatory maintenance over due
(Remediation)
$508K to repair and remediate the followingWestern Hard Stand walls – north face & adjacent
to slip EPA compliant wash areaFill in slip, make good pavingRemoval of slip structure“Make good” basin
Option 2- Platform LiftMember operated for Lift , Wash and Return45 year lifeSatisfies Design BriefCost premium - extra $827K over
Remediation
Option 3- Second Travel-lift
Club would purchase 40t version with wider beam
Could operate from slipway key hole or from new finger jetty.
Hard stand area expanded in both cases2 person operation with extra cradle
movement in both cases.Cost premium - extra $844K over
Remediation under key hole option.
Option 4- New Slipway
In order to meet the Club’s operational requirements,
some increase in draft is required.• possible but requires off site disposal of dredged material, perhaps also cradle
modificationYard labour required for operation and basin
lost.Does not address Western Hard Stand
inefficienciesLatest quotation done by Atkins Maritime
Engineers in conjunction with Kevin Johnson.• Cost premium - extra $1.08m over
Remediation. (very high cost for disposal of contaminated
material - $260k.)
Pricing
Option 1 Option 2 Option 3 Option 4
Current Facilities
Platform Lift Second Travel-lift
New Slipway
Member usage Charges LWR
$110 $253(As today)
As today
Members boat-to yard and return
$464(As today)
$262 $464(As today)
As today
Non Registered Boat – to yard and return
$594(As today)
$330 ? $594(As today)
Financing
Cost of platform lift to be funded from debt and cash – no levy.
Additional cost of Cost of platform (above Remediation)
to be funded by users over 10 years.• Excluding additional wash activity, revenue
from members expected to fall – perhaps $10,000
• Club would expect to gain 50% of current Hobson's Bay divers business which is currently running at 20 boats per week.
• Main opportunity is seen as Kindred Club business.
Kindred Club BusinessNon registered boats currently generate 60% of yard revenue:-
$1400 per visit$760 per visit excluding lifting
Current volume is 94 boats per annum.With more competitive lift pricing and given current issues at
RYMS and RBYC we should be able to lift our market share.2 extra boats per week at will meet financing cost and result in
payback in 10 years or less.Currently doing 230 Boat stays per year, theoretical capacity is about
680 Boat staysIf we doubled our business with another 230 Boats stays we can
generate a further $200,000 net per year
Financing possibilities for the other lifting options less clear due
to absence of similar labour saving.
Detailed cost comparisons are provided in the hand out…. But in summary
Option 1 Option 2 Option 3 Option 4
Remediation Platform Lift Second Travel-lift New Slipway
Remediation (no additional lift capacity)
$508,000 Built in to lifting
option priceBuilt in to lifting
option priceBuilt in to lifting
option price
Lifting Options $1,335,000 $1,352,000 $1,591,000
Additional cost to be funded by
$827,000 $844,000 $1,083,000
(If staged add $120K)
Concluding Comments
The Special General Meeting will be on October 19 at 1900 .
The decision will have a significant impact on our marina facilities for the next 45
years
This presentation will be available to down load from the website
Final mail out will be posted later this week
Any further questions / clarifications?
please contact Ray or David