Skip to main content

Assessing a 25-year Capitalization Program: Using Condition and Criticality Ratings to Set the Priorities

The full text article is not available for purchase.

The publisher only permits individual articles to be downloaded by subscribers.

or click here to sign up for a free trial

Abstract:

Malcolm Pirnie, Inc. developed a 25-year plan for re-capitalization of Hartford, Connecticut's four water pollution control facilities operated by the Metropolitan District Commission (MDC). The plan consisted of developing a web-based inventory and assessing the condition of existing wastewater treatment plant assets to establish a priority ranking system for rehabilitation, replacement, and recommendations for phased implementation with costs. Overall, 400 equipment assessments were conducted and 99 rehabilitation / replacement projects were identified and consolidated into 27 contracts within a five month period in 2005. Malcolm Pirnie's Red Oak Consulting Division (Red Oak) used the contracts to prepare cash flow projections utilizing its financial decision support model. This paper will focus on the steps to prioritize our recommendations.

Keywords: ASSET MANAGEMENT; CAPITALIZATION; CIP; CMMS; FINANCIAL MODEL

Document Type: Research Article

DOI: http://dx.doi.org/10.2175/193864707788116022

Publication date: October 1, 2007

More about this publication?
  • Proceedings of the Water Environment Federation is an archive of papers published in the proceedings of the annual Water Environment Federation® Technical Exhibition and Conference (WEFTEC® ) and specialty conferences held since the year 2000. These proceedings are not peer reviewed.

    WEF Members: Sign in (right panel) with your IngentaConnect user name and password to receive complimentary access.
  • Subscribe to this Title
  • Membership Information
  • About WEF Proceedings
  • WEFTEC Conference Information
  • Ingenta Connect is not responsible for the content or availability of external websites
wef/wefproc/2007/00002007/00000017/art00062
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more