Asset Management

Revaluation of New Components

  • 1.  Revaluation of New Components

    Posted 28 May 2020 01:04
    ​​Hi All,

    AHC is in the process of splitting its Pavement asset to both base course and sub-base.

    The sub-base will have a longer life and the base course will retain the existing useful life.

    In undertaken the change to useful life is the revaluation done on the current value of the sub-base or given that the sub-base is in essence a new asset should it be valued from the Replacement Value and pavement active from date with the new life?

    Many thanks for any advice from people that have undertaken this process and feedback from auditors about the preferred method would be appreciated.


    David Collins