Off-Cycle or Emergent Renewal Requests

Off-Cycle or Emergent Renewal Requests

The respective department and/or college should contact their Regional Manager. The Capital Renewal Program has developed a standard procedure for the Regional Manager to submit an emergent renewal request for consideration.The renewal program addresses assets that are beyond their expected useful life, known as lifecycle. An asset has exceeded its expected lifecycle, when the total investment of maintenance and repair exceeds the total value of the asset based on the average useful life of an individual component. The department along with their regional manager can document through maintenance records, current operational conditions and risk to operational mission, whether an asset or system is a candidate for major refurbishment or replacement through the renewal program. The request will be evaluated by the program management and determined if appropriate approvals are in place to proceed with request or the full Capital Renewal Committee will need to evaluate and approve the item. Due to the complex nature of the emergent requests, and process for evaluation, the program will strive to respond to the requests within the financial quarter they are submitted.