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A human life is worth $6.2 million, Amar said, referring to a value that was used by EPA in the past. What do you need -- about 150 people to die? And that's a billion dollars.
In terms of the whole life cost of a pump the capital cost the equipment is often only a small element. Over a 20 year life the capital cost, compared to the total cost of ownership, ranges on average between 5% and 10%, depending on the type of equipment selected, the installation, pump utilisation, and the maintenance and support strategy.