SELECTING YOUR ASSET MANAGEMENT APPROACH
Water and wastewater systems are more capital intensive than comparable service industries, yet lag behind in asset management. EPA studies show that water and wastewater systems, based on infrastructure value-to-revenue levels, are twice to fourtimes more capital intensive than telephone, gas and electric systems that have long been required by public utility commissions to have documented asset management programs. This is why the EPA's estimated funding “gap” for water and wastewater facilities—23 billion dollars a year for the next 20 years, is so large.
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Document Type: Research Article
Publication date: 2002-01-01
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