Sec. 121. Definitions
174 words·~1 min read·
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In this subtitle: The term asset means any of the following assets that are used to achieve the mission of the Bureau to manage, develop, and protect water and related resources in an environmentally and economically sound manner in the interest of the people of the United States: Capitalized facilities, buildings, structures, project features, power production equipment, recreation facilities, or quarters. Capitalized and noncapitalized heavy equipment and other installed equipment. The term asset includes assets described in subparagraph
(A)that are considered to be mission critical. The term Asset Management Report means— the annual plan prepared by the Bureau known as the Asset Management Plan ; and any publicly available information relating to the plan described in subparagraph
(A)that summarizes the efforts of the Bureau to evaluate and manage infrastructure assets of the Bureau. The term major repair and rehabilitation need means major nonrecurring maintenance at a Reclamation facility, including maintenance related to the safety of dams, extraordinary maintenance of dams, deferred major maintenance activities, and all other significant repairs and extraordinary maintenance.