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Component (Financial)
The individual line items in the reserve study, developed or updated in the physical analysis. These elements from the building blocks for the reserve study.

Components typically are:
  • a) common maintenance responsibility
  • b) with limited Useful Life expectancies
  • c) have predictable remaining useful life expectancies; and
  • d) are above a minimum threshold cost; and 
  • e) as required by local codes.  


See also: