If today's exchange rates are any indication, the real is gaining ground
on the dollar 1.68:1 as opposed to 2:1 a year ago....
Jon Quandt
Account Representative
Office Interiors Filing Systems
10168 Cedar Ridge Drive
Ashland, VA 23005
800-728-7874 Ext 124
Fax: 804-550-7648
www.oi-filingsystems.com
-----Original Message-----
From: Records Management Program [mailto:[log in to unmask]] On
Behalf Of Christopher Varlack
Sent: Tuesday, April 15, 2008 4:06 PM
To: [log in to unmask]
Subject: Re: Records Center Storage Fees - Brazil
I'm curious about whether that 250% factors in the exchange rate of US
dollars to Brazilian currency.
Christopher Varlack
Government Archivist
Archives and Records Management Unit
Deputy Governor's Office
BVI Government
Tel: (284) 494-3701 x2562
Fax: (284) 468-2582
Email: [log in to unmask]
Website: http://www.dgo.gov.vg/
"Alfaro, Vladimir" <[log in to unmask]>
Sent by: Records Management Program <[log in to unmask]>
04/15/2008 03:56 PM
Please respond to
Records Management Program <[log in to unmask]>
To
[log in to unmask]
cc
Subject
Records Center Storage Fees - Brazil
All,
We are in the process of establishing a contract with an off-site
storage facility in Sao Paulo, Brazil. Now, while I do not consider
myself an expert in Brazil storage fees, I do have some limited
knowledge of the market in Brazil - I know that the cost of labor and
real estate (and space) are lower than the US. I know the price of fuel
is cheaper than the US, in fact the vast majority of their automobiles
use ethanol fuel. Hence, you would think or at least one would reason
that the cost for storage is cheaper than the US. However, the price
proposed for storage is 250% higher than what we pay here in the NYC
area.
I also understand that the number of boxes that will be kept at the
off-site storage facility plays a big part of the price proposal.
Currently, we have approx 33K boxes in our domestic storage facility.
In Sao Paulo we only have 500 boxes, but we expect to rapidly grow to
approx 4k to 5k within the next year.
For those of you who have experience in the Brazil/Sao Paulo market, do
you think a 250% price differential is the norm there? Any thoughts,
ideas, etc., are welcomed!
Thanks,
Vladimir
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