• Novice
  • Aware
  • Competent

New Works

An organization should have a clear organization plan that will include any replacement or rehabilitation works, and which identifies those assets that require augmentation to meet the demands and needs of the customers. In this case the future works programs can be easily blended into the renewal programs for existing assets, and the required income for the combined program can then be determined. Decisions can then be made whether to implement the works from revenue or loan, and rate increases or decreases determined depending on growth factors and other issues.

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Renewals Accounting   Information Systems