2021-06-17 Ordinary Meeting Agenda

ORDINARY MEETING AGENDA                                                                      17 JUNE 2021


The graph below summarises cumulative annual whole of life cashflows ($’000) for each option.

 $800
                                                                 $13      $13
                                                $12     $13
 $700                         $12         $12                                      -$64
             $606     $12
 $600

 $500                                                            $18      $18
                                                $17     $17                        -$36
                              $17         $17
 $400        $457     $17

 $300

 $200
                                                       Diesel Option       Electric Option
 $100

     $-
             2022    2023     2024    2025      2026   2027     2028      2029     2030


The above whole of life costing analysis identifies the diesel vehicle option to have an estimated
$527k whole of life NPV, compared to a higher $620k NPV for the electric vehicle option. Savings
($57k over 8 years) from the electric vehicle’s marginally lower operating cost does not offset the
additional required $150k upfront capital cost.

Risks & Opportunities
A.        Vehicle risks & opportunities

 Specifications                                 Diesel Option                    Electric Option

 Light-rigid vehicle – able to be driven by                                   
 more staff

 Library Module – size                                                        ✕
                                                20% more internal space

 Library Module – holding capacity                                             ✕
                                                2500 items                       2000 items
 Cabin walk-thru – providing greater                                           ✕
 weather protection for staff and increased
 feeling of internal space

 Contractor has demonstrated experience                                       ✕
 with specialised builds on this type of
 vehicle

 Confidence addressing service or repair                                       ✕
 issues

 Vehicle power source supports Council’s        ✕                               
 efforts to reduce greenhouse emissions

 Solar panels are included to support                                          
 Council’s efforts to reduce greenhouse
 emissions




                                                                                             Page 27 of 35