Reserve
Study Tutorial Component Life
Once the reserve items have been
identified and established as the "Reserve Component List", the
following information will then be determined for each item by
the professionals outlined above:
- Project Description (Fence - Paint or Fence - Replace)
- Description/Quantity (including measurement basis such as Linear Ft, Sq Ft, etc.)
- Useful Life (Yrs)
- Remaining Useful Life (Yrs), where 0 is the initial planning year
- Current Replacement Cost (includes installation, salvage, disposal, etc.)
Additional useful information such as:
- Cost Basis (current cost by square yards, linear feet, each, etc.)
- Freight and labor (costs to receive and install)
- Salvage (estimated value of the item when replaced, if any)
- Date placed in service or the date last maintained or replaced
