Hubbell Policies

Routine and Recurring Maintenance shall mean non-building property - must reasonably expect to perform activity more than once during UoP's class life. Building Property (structural components or building systems) - must reasonably expect to perform activity more than once during 10-year period beginning with placed in service date (of structure or system, as applicable). Total cost shall mean the historical cost of acquiring the asset including the costs necessary to bring it to the condition/location for its intended use. RELATED DOCUMENTS (Policies, Guidelines, Standards) None VERSION Version Approval Effective Changes 1 J. Capozzoli, A. Hsieh, S. Mais 2014.08.01 Original Issue 2 J. Capozzoli, K. Lane, S. Mais 2019.08.15 Conformed to new template

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