Economic
Justification for Sealcoating
Sealcoating will save real dollars as shown in the following tabulation.
The cost  savings will be a substantial 65% if the pavement is maintained
according toa schedule recommended by the manufacturer. Unsealed
pavements will require repairs starting with the second year and
a one(1) inch overlay every seven years. The damage to the unsealed
pavement could be even more costly if the proper repair schedule
is ignored. |
| YEAR |
OPERATIONS PERFORMED |
Sealed Sq. Meter |
UnSealed Sq. Meter |
| 1994 |
Base Installations
2 Inches of Asphalt
Two (2) Coats of Sealer
|
$7.20
$6.60
.48
|
$7.20
$6.60
.00 |
| 1995 |
First Year Maintenance Coat
|
.00 |
.06 |
| 1996 |
Second Year Maintenance Coat
|
.00 |
.18 |
| 1997 |
Third Year Maintenance Coat
Two (2) Coats of Sealer |
.24
.72 |
.36
.00 |
| 1998 |
Fourth Year Maintenance Coat
|
.00 |
.48 |
| 1999 |
Fifth Year Maintenance Coat
|
.00 |
.65 |
| 2000 |
Sixth Year Maintenance Coat
Two (2) Coats of Sealer
|
.84
$1.08 |
.00 |
| 2001 |
Seven Year Maintenance 1.5" Overlay
|
.00 |
$5.40 |
| 2002 |
Eight Year Maintenance Cost |
.00 |
.11 |
| 2003 |
Nine Year Maintenance Cost
Two (2) Coats of Sealer
|
.33
$1.44 |
.32
.00 |
| 2004 |
Tenth Year Maintenance Cost
|
.00 |
.54 |
| 2005 |
Eleventh Year Maintenance Cost
|
.00 |
.90 |
| 2006 |
Twelfth Year Maintenance Cost
Two (2) Coats of Sealer
|
.95
$1.80 |
$!1.21
.00 |
| 2007 |
Thirteenth Year Maintenance Cost
|
.00 |
$1.54 |
| 2008 |
Fourteenth Year Maintenance Cost
|
.00 |
$1.90 |
| 2009 |
Fifteenth Year Maintenance Cost
Two (2) Coats of Sealer
|
.00
$2.16 |
$10.80
.00 |
| |
Installation and Maintenance on Average Parking Lot Per Square Meter |
$23.84 |
$39.07 |
| |
On a 10,000 square meters asphalt pavement, the total estimated savings
will amount to $152,000 over a 15 year period. Values in U.S. dollars. |
|
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