Useful Life Guides
When you understand the typical useful life of an asset, you can determine its remaining useful life and probability of failure.
This information, combined with the consequence of failure, will allow you to calculate the business risk of each asset. And once you understand business risk, an asset management plan comes together easily.
This document breaks down the guidelines we use every day to calculate the useful life of most assets.
Drinking Water
| Asset Type | Useful Life (Years) |
|---|---|
| Valves (Mechanical) | 10-20 |
| Valves | 20-40 |
| Hydrants | 40-60 |
| Service Line (Galvanized) | 40-75 |
| Service Line (Copper) | 40-75 |
| Meter | 10-20 |