deferred maintenance


Also found in: Dictionary, Financial, Acronyms, Wikipedia.

deferred maintenance

The postponement of maintenance for any reason, such as the need to keep equipment in full-time operation, the lack of funds for repair, or the unavailability of parts.
Mentioned in ?
References in periodicals archive ?
But there's good news: Realistic strategies for addressing deferred maintenance do exist.
KEEPING ELECTRONIC DEFERRED MAINTENANCE RECORDS MEANS YOU DON'T HAVE TO SUBMIT REPEATED MANUAL REPORTS.
However, unlike new project funding, deferred maintenance funding has been unpredictable from year to year.
The second additional study area for EBCx work is deferred maintenance. Deferred maintenance has both a practical and psychological impact on building operations.
"Our goal was $2.2 million," says Bowie State President Mickey Burnim of a University System of Maryland Board of Regents policy directing all state schools to allocate 2 percent of their operating budgets to deferred maintenance projects.
School Committee members said their proposed fiscal 2009 budget contains more than $77,000 in maintenance funds, but the additional money is needed to pay for deferred maintenance.
By definition, deferred maintenance is maintenance, system upgrades, or repairs that are deferred to a future budget cycle or postponed until funding becomes available.
The damage from the two hurricanes has at least two components: the reduction in current supply and increased potential for future output disruptions because of deferred maintenance at facilities not damaged by the storms.
Laura Phillips, associate chief auditor for the PCAOB, conceded that the challenges facing companies were very real, especially in terms of resources--and that the compressed time frame for compliance "created something of a crisis environment." But she maintained that "a lot of deferred maintenance" has been accomplished, referring to improved internal processes that resulted from the work of 404 compliance teams.
I believe there was a great deal of deferred maintenance. To use an analogy, if you actually have a transportation company, you can decide when you're going to maintain your rolling fleet.
To accurately measure the condition of your facilities you need to know both the estimated cost of deferred maintenance (DM), which can equate to a capital investment cost, and the estimated cost of sustaining the facilities over time.
3283 would affect (1) federal agencies' deferred maintenance programs, (2) the management and distribution of the revenue collected, and (3) interagency coordination on fee collection and use.