This article discusses how municipal water utilities define and manage their public assets. It explores different approaches to asset management, from reactive maintenance to proactive planning and rehabilitation. The author advocates that utilities adopt a comprehensive asset management program that uses levels of service, life cycle costing, and risk analysis to optimize long-term performance and costs.
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Baird (2010) defining public asset management for municipal water utilities
1. Defining Public Asset Management for Municipal Water Utilities
Baird, Gregory M
American Water Works Association. Journal; May 2011; 103, 5; ABI/INFORM Complete
pg. 30
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