#11406·Fleet

Lac Megantic Forklift Replacement

Replace two older forklifts.

DraftLow
MTI · Lac Megantic Site
Luc Boisvert PM
Emma Davis Submitter
Sep 27, 2026 Est. completion
Approval date
8 years Useful life
This request has not been submitted yet.
Total cost$98,000
Spent to date$00% of budget
Forecast remaining$98,000
Annual benefit$24,500

Problem

Two forklifts at 11+ years; reliability degrading.

Proposed solution

Replace with battery-electric forklifts.

Justification

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Alternatives

OptionDescriptionTotal costUseful lifeRecommended
Option 1 — RecommendedReplace with battery-electric forklifts.$98,0008 yrs
Option 2 — Rebuild in placeRebuild existing equipment in place with refurbished components. Lower upfront cost but shorter useful life and higher maintenance ongoing.$63,7004 yrs

Payback & benefit

Simple payback44 months
5-yr NPV$8,396
IRR7.9%

Actuals (from ERP)

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