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This same resource states "Sewer system assets that are not regularly maintained usually <br />deteriorate faster than expected and lead to higher replacement and emergency response costs." <br />This is illustrated by the graph below which is taken from that report. <br />Excellent <br />■ <br />■ <br />■ <br />■ <br />■ <br />■ <br />■ <br />■ <br />■ <br />Failing <br />=MftftftW♦`♦ ♦♦ <br />Source: USEPA, Fact Sheet, Asset Management for sewer Collection systems, April, 2002 <br />Figure 24 - Run to Failure Model of Utility System Management <br />The USEPA Fact Sheet goes on to state the benefits of asset management further by stating <br />"Components are regularly maintained over long planning cycles, and finally replaced when <br />deterioration outweighs the benefits of further maintenance. Costs are well- distributed over the <br />life of the asset." Further, there are key bullet points made in a manner of emphasis: <br />• "Making sure components are protected from premature failure through proper operations <br />and maintenance. <br />• Facilitating proactive capital improvement planning and implementation over longer cycles <br />to reduce annual and overall costs. <br />• Reducing the need for expansions and additions through demand management(Ill <br />reduction, flow balancing, etc.) <br />• Reducing the cost of new or planned investments through economic evaluation of options <br />using life -cycle costing and value engineering. <br />Page 58 <br />