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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 29-29

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From page 29...
... The AME approach requires a comprehensive condition assessment of all assets that identifies long- and short-term maintenance and repair requirements, their estimated costs, and their relative priorities for accomplishment. The priority ranking is based on assigned condition cocles and an indication of when the deficiency should be correctecI.
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Key Terms

  • condition assessment
  • assessment surveys
  • comprehensive condition
  • replacement value
  • current replacement

  • assessment survey
  • repair requirements
  • estimated dollar
  • estimated costs
  • facilities condition

  • deficiency value
  • priority ranking
  • continuous condition
  • ame approach
  • physical deterioration

  • methodology involves
  • recommended critical


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