Asset Management

Rejuvenation: Is it an asset?

  • 1.  Rejuvenation: Is it an asset?

    Posted 15 September 2019 22:01
    My Mates,
    Has anyone dealt with, and what where you considerations on, whether enrichment/rejuvenation of seals is considered and asset or a maintenance activity.

    Regards John Kauter
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  • 2.  RE: Rejuvenation: Is it an asset?

    Posted 26 days ago
    Hi John
    At AHC we would consider this treatment as a capital renewal (assuming it meets our capitalisation policy levels) as it will increase the life of the seal.
    regards
    David Collins
    Manager Sustainable Assets
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  • 3.  RE: Rejuvenation: Is it an asset?

    Posted 26 days ago
    ​Hi John,

    Generally we treat the rejuvenation as a capital expenditure, as it improves the condition of the asset. However, it would depend on your capitalization thresholds. The treatment applied is not an asset though, therefore I'm assuming you meant do people consider the cost to be capital or maintenance expenditure.

    Thanks
    Charlette

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    Regards

    Charlette Newall
    Civil Assets Engineer
    Port Stephens Council
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