Fishery Certification Calculator
MSC certification timeline and audit cost.
Inputs
Results
Assessment cost ($)
$168,000.00
≈ 11 used cars
Annual audit ($)$36,000.00
Timeline (months)22
Premium revenue ($/yr)$225,000.00
ROI (years)0.75
How to Use This Calculator
- Enter Annual catch (tonnes), Number of vessels, and Number of species.
- Set Compliance score (0-100).
- Review the Assessment cost ($) ($) result.
- Use Annual audit ($) ($) and Timeline (months) to inform your decision.
How the result changes with Number of vessels
| Number of vessels | Assessment cost ($) |
|---|---|
| 51 | $282,800.00 |
| 176 | $420,000.00 |
| 325 | $420,000.00 |
| 450 | $420,000.00 |
What each input means
- Annual catch (tonnes)
- Total annual catch in metric tonnes.
- Number of vessels
- Fleet size in the Unit of Assessment.
- Number of species
- Species covered by the certification.
- Compliance score (0-100)
- Self-assessed management/sustainability score.
What each result means
- Assessment cost ($)
- Estimated full assessment and certification cost.
- Annual audit ($)
- Estimated annual surveillance audit cost.
- Timeline (months)
- Estimated months to complete certification.
- Premium revenue ($/yr)
- Estimated additional revenue from MSC price premium.
- ROI (years)
- Years to recoup certification cost from premium revenue.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersAnnual catch (tonnes) = 500, Number of vessels = 10, Number of species = 3, Compliance score (0-100) = 70 = 4 input(s) provided
- Calculate Assessment costAssessment cost = round(baseCost * vesselFactor * speciesFactor)168000 = $168,000
- Calculate Annual auditAnnual audit = round(30000 * vesselFactor)36000 = $36,000
- Calculate Timeline22 = 22
Engine last updated .
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