![]() |
| Home A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
| Reactive Funding | ||
|
Funding that is raised by special assessment after functional failure of an asset has occurred. This approach is typically associated with reactive maintenance and failure replacement policy. Reactive funding is a form of lumpy funding. | Fig. Three funding styles (Reactive Funding shown in red) | |
Compare with: |