Home    A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


A range of actions to keep an asset at a constant level of performance.  

It includes regularly scheduled adjustments and Inspections, preventative maintenance tasks, and emergency response and service calls for minor repairs. It also includes major repairs or replacement of assets that are expected to occur periodically. 

Not included are the following actions, which are funded elsewhere:
  • the repair or replacement of Assets that typically last more than 50 years (such as foundations and structural members). 
  • Restoration
  • Modernization 
  • Environmental Compliance 
  • Historical Preservation
  • Force Majeure. 
  • Custodial service such as janitorial and landscaping are also not included.  

Compare with: