Condition Assessment Report definition
Examples of Condition Assessment Report in a sentence
This Condition Assessment Report shall address the current condition, the contractor’s or A/E’s professional opinion of the useful life remaining of the structures and systems, and the contractor’s or A/E’s professional opinion of repairs, replacements, or refurbishments recommended to maintain the operationally useful state and condition of the Premises.
The Engineer shall provide a Condition Assessment Report as defined in Function Code 160 (170) – Roadway Design above.
Upon completion of the annual comprehensive Wastewater Facilities inspection, the Company shall submit a Condition Assessment Report of the Wastewater Facilities to the Village.
Reimbursement for the Initial Condition Assessment Report shall not exceed $35,000 inclusive of project management fees.
Submit the Condition Assessment Report to the State’s Bridge Division for review.
EQUIPMENT REPLACEMENT #DIV/0! #DIV/0! I-D II II-B Potential Energy Savings w/ Way $0 II-C Remaining Energy Required $0 $0 III CONTRACTED SERVICES IV PARTS AND MATERIALS I IN-HOUSE STAFF VI ADMINISTRATION VIII LOST PRODUCTIVITY VIII MAJOR REPAIRS WAY'S PROGRAM The Condition Assessment Report allows our customers to understand the current condition of their Mechanical Assets.
The Condition Assessment Report will summarize the findings made during the annual comprehensive Wastewater Facilities inspection, report on the overall condition of the Wastewater Facilities, estimate the remaining useful life of each piece of Equipment with a replacement cost exceeding $1,000.00, and provide a five (5) year annual projection of the expected expenditures of the Renewal and Replacement Fund for budgetary planning purposes for use by the Village.
Borrower covenants and agrees to complete the repair work (the “Immediate Repairs”) identified in such Property Condition Assessment Report within 180 days from the date hereof and provide evidence reasonably satisfactory to Lender that the Immediate Repairs have been completed, all of which shall be performed in a manner satisfactory to Lender and shall be subject to inspection by Lender.
Repair and rehabilitation design will be based on the list of “Priority 1” repair items documented in the KHA Condition Assessment Report dated May 2011.
Modernization recommendations are as listed per property below and taken directly from previously provided Condition Assessment Report dated January 15, 2020.