Services

Formation Thermal Conductivity | Testing Unit Lease

Geothermal Resource Technologies, Inc. (GRTI), the leader in formation thermal conductivity testing, offers a program for short term or long term leasing of complete, state-of-the-art testing and data acquisition units.

GRTI maintains a focus on the quality, reliability and user-friendliness of its formation thermal conductivity (FTC) test units and accompanying accessories. We continually strive to offer the most advanced, most reliable equipment possible in order to reduce start-up time and operating cost. Once an improvement has been identified and fully researched, GRTI is committed to up-grading each and every test unit within our growing fleet. We are committed to continue to build additional test units to be able to keep pace with the growing demand of the closed-loop ground-coupled heat pump (GeoExchange) industry.

Based on extensive experience in analyzing thermal conductivity test data, as well as independent university research funded by the American Society of Heating, Refrigerating and Air-Conditioning Engineers, Inc. (ASHRAE), it is GRTI’s position that FTC tests need to be ran for a minimum of 40 hours with a preference towards a 48-hour duration. Due to the analysis procedure employed by GRTI, run durations beyond 48 hours are not necessary and in some cases may generate data that is difficult or impossible to utilize. Even though GRTI does not promote shorter test durations, we will analyze the amount of data specified by the design engineer as thoroughly as possible and provide a final report. All data collected using GRTI’s FTC test unit will be exclusively analyzed by GRTI. Our data acquisition device stores the raw data internally in non-volatile memory and can only be retrieved by GRTI.

GRTI will require that the Lessee sign a lease contract outlining the lease conditions as well as the requirement to carry liability insurance and possibly to supply a Certificate of Insurance from the current insurance carrier.

GRTI's test units have been constructed so that they are easily shipped via conventional UPS or Fedex shipping.

Daily Lease Plan

GRTI will supply a FTC unit and accompanying accessories along with a Data Acquisition (DA) unit on a daily basis to pre-qualified companies or individuals willing to sign a daily lease contract.

GRTI will ship the two components via UPS Next Day Air®, Next Day Air Saver®, 2nd Day Air®, or Ground shipping in order to meet the required time table for the test. The lease will begin on the day the units are delivered to the lessee and end on the day that each component is shipped to GRTI. Example: Complete unit is received on Monday and is shipped back to GRTI on Thursday. 4 assessed days at the daily rate.

Lessee will be invoiced for all applicable fees (including freight) upon conclusion of the data analysis and/or return of the complete test unit. Full payment will be due within 15-days of invoice date at the completion of the analysis report. A down payment may be requested prior to shipping based on the discretion of GRTI.

Monthly Lease Plan

In situations where the number of consecutive usable days for a test unit is projected to exceed 20 days within any 30 day period, GRTI will supply a FTC unit and accompanying accessories along with a Data Acquisition (DA) unit on a monthly basis. A pre-qualified company or individual will be required to sign a monthly lease contract with GRTI. Lessee will be responsible for maintaining the FTC in good working order during equipment lease period. GRTI will be responsible for any and all failures due to poor workmanship during the same lease period.

Under this plan, the complete unit is leased for a 30 day period for the same cost of 20 days under the Daily Lease Plan. If upon the return of the complete unit it is determined that the total number of days leased is less than 20, the fee schedule defaults to the Daily Lease Plan. If additional days are required beyond the initial 30 days, the additional days will be computed using the Daily Lease Plan until the additional days total 20, at which time the Monthly Lease Plan will once again apply.

GRTI will ship the two components via UPS Next Day Air®, Next Day Air Saver®, 2nd Day Air®, or Ground shipping in order to meet the required time table for the test. The lease will begin on the day the units are received by the lessee and end on the day that each component is shipped back to GRTI.

Example 1:
Complete unit is received on April 1 and is shipped back to GRTI on April 15. 15 days of total elapsed time = 15 days at the daily lease rate.
Example 2:
Complete unit is received on April 1 and is shipped back to GRTI on April 30. 30 days of total elapsed time = full monthly rate.
Example 3:
Complete unit is received on April 1 and is shipped back to GRTI on May 15. 45 days of total elapsed time = full monthly rate plus 15 days at the daily lease rate.

The first monthly lease payment shall be paid in full within 15-days of invoice date, which will be issued at the time of shipping the complete test unit. Lessee will be separately invoiced upon conclusion of each data analysis for each actual test. Analysis payment will be due within 15 days of invoice date at the completion of the analysis report. In the event the complete test unit is returned prior to actual use of the initial 20 days, a refund (or credit if original invoice is not yet paid) will be given for the difference between what was invoiced and what actually accrued.

Annual Lease Plan

GRTI will supply a FTC unit and accompanying accessories on an annual basis along with a Data Acquisition (DA) unit to pre-qualified companies or individuals willing to sign an annual lease contract. Lessee will be responsible for maintaining the FTC unit in good working order during possession. GRTI will be responsible for any and all failures due to poor workmanship during the lease period.  Under this plan, the FTC and DA units will remain in the possession of the lessee for the duration of the lease period.

Leads that are generated by GRTI for a complete test service within the Lessee’s geographic area will be forwarded to the Lessee for follow-up. In the event the contact is requesting multiple quotations, GRTI reserves the right to provide a quotation on a competitive basis.

GRTI will ship the two components via UPS Next Day Air®, Next Day Air Saver®, 2nd Day Air®, or Ground shipping in order to meet the required time table for the test. The lease will begin on the day the units are received by the lessee and end on December 31 of that year.

The annual lease fee will be invoiced at the time the FTC unit is shipped. Full payment shall be paid in full within 15 days of invoice date. Lessee will be separately invoiced upon conclusion of each data analysis for each actual test during the annual lease period. Payment for any and all additional invoices will be due within 15 days of invoice date.