Minimum useful life definition

Minimum useful life means the minimum years of service or accumulations of miles at which a transit agency is allowed to retire its federally funded bus without penalty under the terms of federal funding requirements.

Minimum useful life means the minimum time period a vehicle may remain in the California fleet. It is the later of the dates specified in subsection (A) or (B) below, as modified by subsection (C):

Minimum useful life means the minimum time period a vehicle may remain in the CARB Online System as a drayage truck. It is the later of the dates specified in subsection (A) or (B) below, as modified by subsection (C):

Examples of Minimum useful life in a sentence

• Minimum useful life for buses and light-duty vehicles is determined by years in service or accumulation of miles, whichever comes first.

• Minimum useful life is determined by years of service or accumulation of miles, whichever comes first, in accordance with the State Management Plan.

• Minimum useful life is determined by years of service or accumulation of miles whichever comes first, in accordance with the State Management Plan.

• Capital Budget FundingIn determining whether an Emergency Work Request is eligible for funding through the Capital Budget, the following eligibility criteria are used in evaluating the proposed scope of emergency work: • Minimum useful life of five years• Minimum cost of $25,000• Reduction of long term operating costs expected, due to investment in Infrastructure Refer to memo BFP05001, Capital Budget Eligibility Policy, for those expenditures, which are eligible for Capital Budget funding.

• Minimum useful life should be L90B10@100,000hrs at 25deg C ambient temp.

• Minimum useful life is determined by years of service or accumulation of miles whichever comes first, in accordance with FTA C.

• Estimated useful livesThe estimated useful lives per class of asset are as follows: Minimum useful life in yearsMaximum useful life in years Buildings 10 40Plant and equipment510Information technology equipment36Fixed facilities and fixtures510Motor vehicles511Other property, plant and equipment110The residual values and useful lives of items of property, plant and equipment at each reporting date are reviewed annually and adjusted if required.

• The State shall determine the time when the rest period is to be taken.

• Estimated useful lives The estimated useful lives per class of asset are as follows: Minimum useful life in yearsMaximum useful life in years Buildings 10 40Plant and equipment510Information technology equipment36Fixed facilities and fixtures510Motor vehicles511Other property, plant and equipment110 The residual values, depreciation method and useful lives of items of property, plant and equipment at each reporting date are reviewed annually and adjusted if required.

• Minimum useful life standards for non-vehicle capital items has been established by ALDOT as follows:ADP Software: 3 years.

More Definitions of Minimum useful life

Minimum useful life means the minimum years of service or accumulations of miles at which a transit agency is allowed to retire its federally funded bus without penalty.

Minimum useful life means the minimum period of time a vehicle may remain in the California fleet. It is the latter of the dates specified in subsection (A) or (B) below:

Minimum useful life means beginning on the effective date of this regulation, the minimum period of time a commercial vehicle, as defined in CVC section 34601, may remain in the California fleet. It is the latter of the dates specified in subsection (A) or (B) below: