How to calculate how much you’re paying for your fridge
The world’s largest food service company, Darden Restaurants, is asking the Food and Drug Administration to change its way of valuing its refrigeration and other commercial refrigeration systems.
Darden announced this week that it’s suing the FDA over its new procedures for assessing the value of refrigeration units and equipment.
Under the rules that the company has proposed, it would be required to assess the value on a “cost-benefit” basis, rather than on the basis of the unit’s market price.
That means that the agency could find the cost of buying new refrigeration, and the associated risk of running out of that refrigeration in the event of a shortage, were it to become available.
Darts of the world of refrigerated goods The proposed rule would require manufacturers to provide a “comparative risk” statement on the cost and risk of using refrigeration.
That statement would allow the agency to weigh the value against other refrigeration options.
For example, the proposed rule calls for the value to be weighted by the average cost of the different types of refrigerants in the United States, which are often measured by their respective prices in a wide range of currencies.
The proposed rules also call for the agency, instead of comparing a particular type of refrigerant to another, to compare the costs of buying that type of product to buying similar products made in that country.
That could mean determining whether the price of the cheapest refrigerant in the world is significantly higher than the price in a particular country, or whether the cost difference between two countries is substantially higher than what would be necessary to produce a similar product in the other country.
But the rule would also require manufacturers of commercial refrigerators and other industrial equipment to provide the cost information on the refrigeration unit, equipment, and parts, in order to calculate the unit-to-unit cost difference.
The FDA could also use that information to calculate a separate unit-and-parts cost for the equipment and equipment components.
The agency is also proposing that the unit cost information be included in a “compare-and