Examples of Remaining Life in a sentence
Observed Remaining Life will take into consideration the function and operating environment of the asset, as well as a visual inspection.
In contrast, a primary chilled water pump that has not been maintained, and shows visual signs of wear and excessive vibration, may have an Observed Remaining life that is much lower than the expected Industry Remaining Life.
Metrics that could be included in the analysis are: Industry Remaining Life for a given asset will be determined using a combination of widely accepted industry standards including ASHRAE and BOMA, as well as a database of equipment manufacturers’ life expectancies.
Similar to Observed Remaining Life, the asset will be scored based on a visual inspection during the building evaluation period.
For example, a secondary heat exchanger that has been well maintained, may have an Observed Remaining Life much greater than the expected Industry Remaining Life.