Understanding Infrastructure R&R Needs–and Funding them!
Abstract:For many public utilities, sustaining the infrastructure is at the heart of asset management. However, it is often difficult to define the replacement and refurbishment (R&R) needs of the infrastructure over the time required—typically twenty to fifty years. As a result, governing boards cannot formulate or communicate to their constituents the long-term funding policies necessary to sustain the performance of the infrastructure well into the future.
This paper addresses both issues—understanding future R&R needs and formulating funding policies to deal with these needs.
Document Type: Research Article
Publication date: January 1, 2008
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