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Step 3: Damage Costs (scenario details) Time Rate Costs Time to assess damage hrs $ $ Time to repair or replace equipment hrs $ $ Time to co-ordinate repair work hrs $ $ Cleanup time (includes co-ordination) hrs $ $ Cost of outside contractors and materials for cleanup $ Costs to dispose of damaged equipment $ Cost of replacement parts, equipment, or lost product (robbery, spoilage, miscellaneous damage, loss of truck load, etc.) $ Other costs: $ Subtotal:  $