Archives of Directives

Useful Life

The length of time (stated in years) an asset will be functioning. The useful life of an asset begins at the beneficial occupancy date or project completion equivalent milestone (such as construction completion or transition to operations) and ends when the asset is no longer in…
Mentioned in (auto-detected)

Automatically detected by searching the text of documents in this archive for this term. Not reviewed by an editor.

Something wrong with this record? Tell us