Appendix E: Regulatory Burden Measurement Framework Costings The Regulatory Burden Measurement (RBM) Framework applies to new regulations or changes to existing regulations and requires any additional regulatory costs they impose on businesses, community organisations and individuals be quantified. The Commonwealth is attributed fifty percent of the regulatory burden cost. NOTE: The numbers reflected in the table below may not necessarily replicate the numbers in the cost benefit analysis. Additional cost per annum Activity (total across lead industry) Blood lead level Option 2 Notify regulator of lead risk work $1000 Undertake health monitoring 1 $723,000 Remove workers who exceed the mandated blood lead level $1,994,000 from lead risk work 2 Capital expenditure 3 $515,000 Air monitoring activities WES Option 2 0.05 mg/m3 $231,000 – – BUSINESS COST PER ANNUM OVER 10 YEARS $3,464,000 Blood lead level Option 3 Notify regulator of lead risk work $1000 Undertake health monitoring 1 $3,188,000 Remove workers who exceed the mandated lead level from $34,247,000 lead risk work 2 Capital expenditure 4 $60,500,000 Air monitoring activities WES Option 3 0.01 mg/m3 $64,244,000 – – COST PER ANNUM OVER 10 YEARS $162,180,000 Cost Offset Agency (OBPR ID) savings per annum) Employment portfolio $21.2 million Are all new costs offset? X Yes, costs are offset No, are not offset □ Deregulatory—no offsets required □ Total (Change in costs [preferred option] Cost offset) $ 17.7 million – — 1 including cost of testing and time lost to take test 2 including cost to business of removal as outlined in Chapter 6 and notification of the regulator 3 implementation (capital) costs of $5.15 million averaged over 10 years 4 implementation (capital) of $605 million averaged over 10 years
Appendix E: Regulatory Burden Measurement Framework Costings The Regulatory Burden Measurement (RBM) Framework applies to new regulations or changes to existing regulations and requires any additional regulatory costs they impose on businesses, community organisations and individuals be quantified. The Commonwealth is attributed fifty percent of the regulatory burden cost. NOTE: The numbers reflected in the table below may not necessarily replicate the numbers in the cost benefit analysis. Activity Additional cost per annum (total across lead industry) Blood lead level Option 2 Notify regulator of lead risk work $1000 Undertake health monitoring 1 $723,000 Remove workers who exceed the mandated blood lead level from lead risk work 2 $1,994,000 Capital expenditure 3 $515,000 Air monitoring activities – WES Option 2 – 0.05 mg/m3 $231,000 BUSINESS COST PER ANNUM OVER 10 YEARS $3,464,000 Blood lead level Option 3 Notify regulator of lead risk work $1000 Undertake health monitoring 1 $3,188,000 Remove workers who exceed the mandated lead level from lead risk work 2 $34,247,000 Capital expenditure 4 $60,500,000 Air monitoring activities – WES Option 3 – 0.01 mg/m3 $64,244,000 COST PER ANNUM OVER 10 YEARS $162,180,000 Agency (OBPR ID) Cost Offset savings per annum) Employment portfolio $21.2 million Are all new costs offset? X Yes, costs are offset □ No, are not offset □ Deregulatory—no offsets required Total (Change in costs [preferred option] – Cost offset) — $ 17.7 million 1 including cost of testing and time lost to take test 2 including cost to business of removal as outlined in Chapter 6 and notification of the regulator 3 implementation (capital) costs of $5.15 million averaged over 10 years 4 implementation (capital) of $605 million averaged over 10 years
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