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.

Projected useful life means the useful life, as reasonably estimated by the unit of gov-

Projected useful life means the useful life, as reasonably estimated by the unit of government undertaking the capital construction or capital im-

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.