12 factors to consider when accurately determining life expectancy of assets and elements:
Maintenance and Cleaning Regimes
An asset that has been poorly maintained will have a shorter life cycle than an asset that has been well maintained. Current, historic and future maintenance regimes including minor day-to-day maintenance and cleaning affect an assets life.
A qualified engineer must be used to determine life expectancy outside the accepted ATO benchmarks (this is called ‘self assessment’).
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