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Calculating the remaining life of structures
A simple and flexible algorithm helps the City of San Diego save time and money, and reduce risk.
5 MIN READ
The post-World War II population explosion and Clean Water Act in 1972 unleashed an unprecedented period of water and wastewater system improvements in the second half of the 20th century. Today, much of this infrastructure is at, or near the end of, its useful life.
But what exactly does “remaining useful life” mean?
Most municipalities use standardized asset and risk management systems to identify if and/or when an asset will be repaired, upgraded, or replaced, with funding based on historical precedence and priorities set by perceptions. They decide whether to rehabilitate or replace based on asset age and current condition.
However, there are problems with this approach, including:
Next page: Avoiding ‘too much too soon’