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PROPOSED TIMETABLE
The following represents the original timeline for new specification
development:
Download the proposed timetable [PDF 18Kb] update
The impact of key items from the ILSAC GF-5 timeline will affect timing:
- Estimated industry funding of GF-5 precision matrices
- Biggest item will be the Sequence VID
- Official timing to run matrices is 2Q/3Q 2008
- Acc estimates cost range for precision matrices at $1.2-1.9M
- ACC estimate of cost range for BOI/VGRA test at $400K=$1M
- Historically, API, ACC and ILSAC split one-third each for precision part of matrix
- Estimate of individual trade association share for precision matrices at $400-620K
- Completion of Sequence VID test development
- Definition of category demonstration oil
- Difficult to define without clearer picture about Gf-5, including chemical limits, and most likely tests and performance limits
- First license date targeted for July 1, 2010
Bob Olree speaks about the ILSAC/Oil Needs Statement and the proposed ILSAC GF-5 timetable
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