edwin_m
Veteran Member
The major mileage based overhaul doesn't need to be past the scrapping date, it could be past the start of the lease for the 22 spare units. If that were the case the extra cost would be at a time that the ROSCO had a higher level of income, although it would mean that more would need doing. However, an new lease could well require some works above what is currently being done, so the two could be linked together.
This assumes the ROSCO has a different user signed up (or at least highly likely) for the units at some time in the future. Otherwise TPE isn't going to be paying leases on 22 units it doesn't need. And they may be heading for trouble if having found a user the units all have to go off for overhaul at the same time soon afterwards.