Rob Milam, CEO, zumBrunnen

Objectives

• Understand the benefits of systematic capital budget planning and the consequences of arbitrary approaches to CAPEX planning.
• Understand the interplay between plant depreciation, capital reinvestment, and “Average Age of Plant” and how capital reinvestment at an appropriate rate can positively impact the LPC’s credit rating.
• Discuss means and methods: Understand best practices for conducting a Capital Replacement Analysis that will yield the most reliable data.