Determination of remaining useful life. The Commissioner shall make de- terminations, on the record and after opportunity for a hearing, as to when the useful life of an eligible low income housing project has expired. Under pro- cedures and standards to be established VerDate Sep<11>2014 09:23 May 11, 2023 Jkt 259084 PO 00000 Frm 00503 Fmt 8010 Sfmt 8010 Q:\24\24V2.TXT PC31 § 248.147 by the Commissioner, owners of eligi- ble low income housing may petition the Commissioner for a determination that the useful life of such project has expired. Such petition may not be filed before the expiration of the 50-year pe- riod beginning upon the approval of a plan of action under subpart B of this part with respect to such project. In making a determination pursuant to a petition under paragraph (d) of this section, the Commissioner shall pre- sume that the useful life of the project has not expired, and the owner shall have the burden of proof in estab- lishing such expiration. The Commis- sioner may not determine that the use- ful life of any project has expired if such determination results primarily from failure to make regular and rea- sonable repairs and replacement, as be- came necessary. In making a deter- mination regarding the useful life of any project pursuant to a petition sub- mitted under paragraph (d) of this sec- tion, the Commissioner shall provide for comment by tenants of the project and interested persons and organiza- tions with respect to the petition. The Commissioner shall also provide the tenants and interested persons and or- ganizations with an opportunity to ap- peal a determination under paragraph
Determination of remaining useful life. An age-based deterioration model will be developed for each pipeline. The model will be calibrated based on the field inspection data as well as the CONSULTANT’s knowledge and experience with similar projects across the U.S. The model will be used to develop a “survival curve” for each pipeline to predict the pipeline’s remaining useful life. The curve will be based on the manufacturer’s design data and the current in-situ pipe conditions.
