can clampstar® installations be budgeted as a capital...

Classic Connectors USA Tel.800-269-1462 Fax.800-311-9857 382 Park Ave., E., Mansfield, OH 44905 www.ClassicConnectors.com Can ClampStar® installations be budgeted as a Capital Expenditure? Yes, because ClampStar® significantly reduces whole-span wire replacement cost and is the industry’s only PERMANENT life extension solution for virtually all overhead conductors of any voltage class, and ClampStar corrects, preserves, and maintains the electrical and mechanical integrity of new and weathered conductors, clamps, connectors, and structures to better-than-new condition. Here’s a list of IRS requirements for Capital Expenditure classification: IRS Requirement ClampStar 1 Improvements that "put" property in a better operating condition ✔ 2 Restores the property to a "like new" condition ✔ 3 Addition of new or replacement components or material sub-components to property ✔ 4 Addition of upgrades or modifications to property ✔ 5 Enhances the value of the property in the nature of a betterment ✔ 6 Extends the useful life of the property ✔ 7 Improves the efficiency of the property ✔ 8 Improves the quality of the property ✔ 9 Increases the strength of the property ✔ 10 Increases the capacity of the property ✔ 11 Ameliorates a material condition or defect ✔ 12 Plan of Rehabilitation Doctrine ✔ 13 Adapts the property to a new use When used for ampacity uprates Sources: IRS clarifies capital improvement vs. repair expense Internal Revenue Bulletin: 2012-14 We highly recommend that ALL utilities identify splices, deadends and suspension clamps located on critical lines and cover them with ClampStars. There's little reason to spend the additional money and time to evaluate the condition of splices in critical locations. In most cases, it's cheaper, faster and easier to just put ClampStars on them. 20 years is a long life for an automatic splice on a distribution system, and 40 years is an eternity. They will not last forever! If an overhead line falls on a sidewalk, or area frequented by pedestrians, the likelihood of a fatal injury increases exponentially. Examples of critical line feeds and where they may be located: Convention centers Shopping malls Hospitals Railroad crossings Stadiums Airports Freeway crossings Schools/Playgrounds Churches River crossings Pumping Stations Emergency Stations

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Page 1: Can ClampStar® installations be budgeted as a Capital ...classicconnectors.com/newsite/wp-content/uploads/2015/11/...Microsoft Word - ClampStar projects as a Capital Expenditure.docx

Classic Connectors USA

Tel.800-269-1462 Fax.800-311-9857 382 Park Ave., E., Mansfield, OH 44905

www.ClassicConnectors.com

CanClampStar®installationsbebudgetedasaCapitalExpenditure?

Yes,becauseClampStar®significantlyreduceswhole-spanwirereplacementcostandistheindustry’s only PERMANENT life extension solution forvirtually all overheadconductorsofany voltage class, and ClampStarcorrects, preserves, and maintains the electrical andmechanicalintegrityofnewandweatheredconductors,clamps,connectors,andstructurestobetter-than-newcondition.

Here’salistofIRSrequirementsforCapitalExpenditureclassification:

IRSRequirement ClampStar1 Improvementsthat"put"propertyinabetteroperatingcondition ✔2 Restoresthepropertytoa"likenew"condition ✔3 Additionofneworreplacementcomponentsormaterialsub-componentstoproperty ✔4 Additionofupgradesormodificationstoproperty ✔5 Enhancesthevalueofthepropertyinthenatureofabetterment ✔6 Extendstheusefullifeoftheproperty ✔7 Improvestheefficiencyoftheproperty ✔8 Improvesthequalityoftheproperty ✔9 Increasesthestrengthoftheproperty ✔10 Increasesthecapacityoftheproperty ✔11 Amelioratesamaterialconditionordefect ✔12 PlanofRehabilitationDoctrine ✔13 Adaptsthepropertytoanewuse Whenusedfor

ampacityupratesSources:IRSclarifiescapitalimprovementvs.repairexpense

InternalRevenueBulletin:2012-14WehighlyrecommendthatALLutilitiesidentifysplices,deadendsandsuspensionclampslocatedon critical lines and cover them with ClampStars. There's little reason to spend the additionalmoneyandtimetoevaluatetheconditionofsplicesincriticallocations.Inmostcases,it'scheaper,fasterandeasiertojustputClampStarsonthem.20yearsisalonglifeforanautomaticspliceonadistributionsystem,and40yearsisaneternity.Theywillnotlastforever!Ifanoverheadlinefallson a sidewalk, or area frequented by pedestrians, the likelihood of a fatal injury increasesexponentially.Examplesofcriticallinefeedsandwheretheymaybelocated:

Conventioncenters Shoppingmalls HospitalsRailroadcrossings Stadiums AirportsFreewaycrossings Schools/Playgrounds ChurchesRivercrossings PumpingStations EmergencyStations

http://www.dbbllc.com/newsletters/focus/mar2012/irs-clarifies-capital-improvement-vs-repair-expense

https://www.irs.gov/irb/2012-14_IRB/ar05.html

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