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Deferred Maintenance Reporting for Federal Facilities Meeting the Requirements of Federal Accounting Standards Advisory Board Standard Number 6, as Amended (2001) / Chapter Skim
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Pages 38-40

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From page 38...
... Chapter 3 describes a number of methodologies for reporting deferred maintenance and repairs that are similar to condition assessment surveys and the total life-cycle cost method or combine elements of the two. Statistical approaches or methodologies for facilities renewal like those described for the Alabama Commission on Higher Education, Stanford University, the University of Virginia, and the Department of Defense are typically developed for planning and budgeting purposes.
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From page 39...
... ~ 993. Condition assessment surveys.
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Key Terms

  • facilities renewal
  • condition assessment
  • facility renewal
  • deferred maintenance
  • assessment surveys

  • physical plant
  • facilities sustainment
  • condition assessments
  • actual expenditures
  • cost method

  • roof caves
  • plant administrators
  • plant renewal
  • sustainment model
  • conduct condition

  • predictive model
  • assessment survey
  • financial reporting
  • facilities engineering
  • federal financial

  • repair activities
  • reinspect facilities
  • specific circumstances
  • standard implies
  • practical approach

  • updated annually
  • survey information
  • assessment programs
  • estimated dollar
  • institutional facility


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