43 USC 505a - Definitions

U.S Code last checked for updates: Apr 27, 2024

§ 505a.

Definitions

In sections 505a to 505a–2 of this title:

(1)

Asset

(A)

In general

The term “asset” means any of the following assets that are used to achieve the mission of the Bureau to manage, develop, and protect water and related resources in an environmentally and economically sound manner in the interest of the people of the United States:

(i)

Capitalized facilities, buildings, structures, project features, power production equipment, recreation facilities, or quarters.

(ii)

Capitalized and noncapitalized heavy equipment and other installed equipment.

(B)

Inclusions

(2)

Asset Management Report

The term “Asset Management Report” means—

(A)

the annual plan prepared by the Bureau known as the “Asset Management Plan”; and

(B)

any publicly available information relating to the plan described in subparagraph (A) that summarizes the efforts of the Bureau to evaluate and manage infrastructure assets of the Bureau.

(3)

Major repair and rehabilitation need

(Pub. L. 116–9, title VIII, § 8601, Mar. 12, 2019, 133 Stat. 827.)

cite as: 43 USC 505a