Composite Asset

A composite asset is an asset necessarily assembled from or compromised of assemblages and/or components.

A sedimentation tank is a good example of a composite asset. A typical sedimentation tank like the one shown below is made up of structural components such as a reinforced concrete tank & steel guard rails, together with pipework and mechanical & electrical parts.


External Links & References

  1. An Asset Valuation Manual for Queensland Local Governments
  2. Google Search
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