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Public Lecture Jointly organized by Center for Offshore Research & Engineering (CORE), NUS The Joint Branch of the RING and the Images (Singapore) and Society of Naval Architects and Marine Engineers
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Life extension of fixed is a process where the lifespan of a fixed asset is prolonged beyond its original intended lifespan.
The owner or organization that owns the fixed asset is required to file for life extension of fixed.
Life extension of fixed can be filled out by providing necessary information such as the asset details, reason for extension, expected extended lifespan, and any supporting documentation.
The purpose of life extension of fixed is to ensure that fixed assets continue to be used effectively and efficiently for a longer period of time.
Information such as asset details, reason for extension, expected extended lifespan, and any supporting documentation must be reported on life extension of fixed.
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