Projected useful life definition

Projected useful life means the useful life, as reasonably estimated by the unit of government undertaking the capital construction or capital improvement project, beginning with the date the property was acquired, constructed or reconstructed and based on the property’s condition at the time the property was acquired, constructed or reconstructed.
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Projected useful life means the useful life, as reasonably estimated by the unit of gov-
Sample 1Sample 2Sample 3
Projected useful life means the useful life, as reasonably estimated by the unit of government undertaking the capital construction or capital im-
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Examples of Projected useful life in a sentence

  • Projected useful life of the Project: years Note: Based on the Federal Water Pollution Control Act (FWPCA) Section 603 (d) (1) (A) and (b), the loan terms cannot exceed the lesser of 30 years and the projected useful life of the project.

  • Projected useful life of the Project:years Note: Based on the Federal Water Pollution Control Act (FWPCA) section 603(d)(1)(A)&(B), the loan term cannot exceed the lesser of 30 years and the projected useful life of the project.

  • Projected useful life of the building: over 20 25points10-20 15points5-10 10points380—5.8(93) Audit reports.

  • Component AssetDate of AcquisitionProjected Useful LifeRemaining LifeCondition Rating2000 Ford F150 Pick-up20012008(-2) yearsPoor2005 Ford - Escape200620133 yearsFair2010 Ford Ranger201020177 yearsExcellent • 2003 Ford F150 was replaced after lost in fire with 2010 Ford Ranger.• Need an additional vehicle• Projected useful life of vehicles is 4-5 years maximum for a truck due to local conditions.

Related to Projected useful life

  • Direct Expenses means “Operating Expenses” and “Tax Expenses.”

  • Base Year means the period set forth in Section 5 of the Summary.

  • Baseline area means any intra- state area (and every part thereof) des- ignated as attainment or unclassifiable under section 107(d)(1)(A)(ii) or (iii) of the Act in which the major source or major modification establishing the minor source baseline date would con- struct or would have an air quality im- pact for the pollutant for which the baseline date is established, as follows: equal to or greater than 1 μg/m3 (an- nual average) for SO2, NO2, or PM10; or equal or greater than 0.3 μg/m3 (annual average) for PM2.5.(ii) Area redesignations under section 107(d)(1)(A)(ii) or (iii) of the Act cannot intersect or be smaller than the area of impact of any major stationary source or major modification which:

  • Corrective Maintenance means the maintenance which is required when an item has failed or worn out, to bring it back to working order, which may also include those services necessary to partially restore, renew or strengthen an existing Department facility or system, following damage caused by use or normal wear and tear.