Annual Maintenance (AM)
- Work performed to maintain serviceability or repair failures in
the year in which they occur. It includes preventative and cyclic
maintenance performed in the year which it is scheduled, as well
as unscheduled or catastrophic failures of components or assets.
- Typically this is the work funded by the following extended budget
line items: CP09, CMFC and QMQM.
- OMB allows the agency to estimate
this by multiplying 3-5% by the Current Replacement Value.
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