Construction

Lucity enables agencies to track factors related to the construction of a Water asset and information about its value and expected lifespan. The asset's present value and remaining life are defined by deterioration rates set up in the Construction record. These values are then updated automatically by the system.

Construction-Related Fields

The following Water asset fields are related to Construction:

Present Value

 

Provides the current financial assessment of the asset.

  • The system updates this value based on deterioration rates set up in the Construction record.

Remaining Life

Estimates the number of years the asset is expected to be usable.

  • The system updates this figure based on deterioration rates set up in the Construction record.

Project Number

Identifies the Construction Project Number under which this asset was created. This list comes from the Construction Records module. Users must enter a valid, predefined Project Number.

Note: Users cannot create a Construction Project Number from this module. Construction Projects must first exist in the Construction Records module.

 

Construction Record Grid

The Construction Record grid lists all records from the Construction module associated with the Water asset. Records cannot be added to this grid.

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