Required Supplementary Information

DEFERRED MAINTENANCE

DOT Entity

Major Class of Asset

Method of Measurement

Asset Condition

Cost to Return to Acceptable Condition‡

FAA

Buildings

Condition Assessment Survey

4&5

$ 74,751

 

Other Structures and Facilities

Condition Assessment Survey

4&5

23,605

MARAD

Vessels, Ready Reserve Force (Various Locations)

Condition Assessment Survey

3

32,401

 

Real Property, Buildings: U.S. Merchant Marine Academy, NY

Condition Assessment Survey

3

41,250

 

Real Property, Buildings:
Warehouse and Wharf Repairs,
Poland Avenue, New Orleans, LA

Condition Assessment Survey

3

3,455

 

Real Property, Buildings: Parking Lot, Reserve Fleet, CA

Condition Assessment Survey

3

4,125

 

Real Property, Structure:
Beaumont Reserve Fleet,
Reserve Fleet, TX

Condition Assessment Survey

3

4,000

 

 

Fleet Facilities, Beaumont, TX

Condition Assessment Survey

3

4,075

 

Real Property, Structure: Suisun Bay Reserve Fleet, CA

Condition Assessment Survey

3

3,555

 

Fleet Facilities, James River

Condition Assessment Survey

3

1,820

 

Stewardship Heritage Assets

Condition Assessment Survey

2,3,4

200

Stewardship Heritage Assets Total

$ 193,237

Asset Condition Rating Scale

1 - Excellent 2 - Good 3 - Fair 4 - Poor 5 - Very Poor

Asset ‡ Acceptable Condition is Comments
FAA Buildings 3 (Fair)
FAA Other Structures and Facilities 3 (Fair)
MARAD Vessels, Ready Reserve Force 1 (Excellent) Ships are seaworthy and ready for mission assignments within prescribed time limits.
MARAD Real Property, Buildings 3 (Fair) Buildings are safe and inhabitable.
MARAD Real Property, Structures 3 (Fair) Adequate water depth, shore power, and mooring capabilities.
MARAD Stewardship Heritage Assets 3 (Fair)
Deferred Maintenance is maintenance that was not performed when it should have been or was scheduled to be performed and delayed until a future period. Maintenance is keeping fixed assets in acceptable condition, and includes preventative maintenance, normal repairs, replacement of parts and structural components, and other activities needed to preserve assets in a condition to provide acceptable service and to achieve expected useful lives.

 

 

 

 

 

 

 

 

 

 

 

HERITAGE ASSETS SUMMARY ANNUAL STEWARDSHIP INFORMATION, SEPTEMBER 30, 2006 NUMBER OF PHYSICAL UNITS

 

  Units as of
September 30, 2005
Additions Withdrawals
Units as of
September 30, 2006
Personal Property        
Collections
Artifacts
38
——
38
Museum
456
2
458
Other Collections
100
1
101
Total Collections
594
3
597
Total Personal Property Heritage Assets
594
3
597
Real Property
Buildings and Structures
1
1
Total Real Property Heritage Assets
1
1

Artifacts are those of the Maritime Administration. Maritime Administration artifacts are generally on loan to single purpose memorialization and remembrance groups, such as AMVets and preservation societies.

Museum and Other Collections are owned by the Maritime Administration. They are merchant marine artifacts, composed of ships’ operating equipment, obtained from obsolete ships. They are inoperative and in need of preservation and restoration. Museum items are on loan to organizations whose purpose is historic preservation, education, and remembrance, open to the public during regularly scheduled hours. Other collections are on loan to public and private entities, the display of which is incidental to maritime affairs, such as county and State buildings, port authorities, pilots associations, public and college libraries, and other organizations.

Buildings and Structures include Union Station in Washington, D.C. Union Station is an elegant and unique turn-of-the-century rail station in which one finds a wide variety of elaborate, artistic workmanship characteristic of the period. Union Station is listed on the National Register of Historic Places. The station consists of the renovated original building and a parking garage which was added by the U.S. Park Service. The Federal Railroad Administration received title to Union Station through appropriated funds and assumption of a mortgage. Mortgage payments are made by Union Station Venture Limited which manages the property. Union Station Redevelopment Corporation, a non-profit group instrumental in the renovation of the station, sublets the operation of the station to Union Station Venture Limited.

Financial information for multi-use heritage assets is presented in the principal statements and notes. The condition of the stewardship heritage assets is presented in the Deferred Maintenance section of the Required Supplementary Information.