The Equipment Replacement Plan - (ERP) is a financial planning tool for scheduling regular replacement of vehicles and equipment that have a useful life of 3 or more years and a value of $5,000 or more. The plan estimates future replacement years, replacement costs and salvage values.
The ERP is updated each year and approved as part of the Airport's annual budget.
A copy of the ERP is available in the Document Center. Select the file to open the document.