Valuation of infrastructure assets has drawn close attention in the U.S. since the Governmental Accounting Standards Board Statement 34 (GASB 34) was issued in 1999. GASB 34 recommends two valuation methods: the depreciation method and the modified approach. The depreciation method estimates the...

This study develops a decision-making framework for large combined sewer management to assist asset managers in decision-making regarding sewer maintenance and rehabilitation plans under constraints of limited access to sewer condition data. Traditionally, municipalities have addressed this...