Comp #: 4585 Utility Infrastructure - Maintain
Quantity: Extensive Components
Location: Throughout association Funded?: No. Make repairs as needed as an operating expense. History:
Comments: In most cases, underground utility infrastructure for water/sewer, gas, cable, electricity, etc, should have an indefinite useful life with no predictable timeline for major repairs/replacement. Localized failures and required repairs are nearly always addressed on an "as-needed" basis, usually as an Operating expense. The scope and frequency of required repairs or replacements is too unpredictable to merit a Reserve component at this time. However, if the Association is concerned with conditions of the system and potential scope of work for repair/replacement, we recommend further inspection by others. If additional information is obtained and a scope of work is established, this component should be re-evaluated and Reserve funding added as needed.
Useful Life:
Remaining Life:
Best Case:
Worst Case:
Cost Source:
Association Reserves, #6510-0
137
7/29/2022
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