Asset management – the key to self-sustaining utilities

Kathy Shandling finds that asset management programmes can provide valuable data towards achieving full cost recovery for US municipal systems.

As part of a recent testimony before the Senate Subcommittee on Transportation Safety, Infrastructure Security and Water Quality, US Conference of Mayors president Douglas Palmer emphasized the importance of encouraging municipal water systems to pursue full cost accounting approaches, and to utilize sound asset management techniques.

His remarks were inspired by the findings of a report authored by Richard Anderson ...

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