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The principles of asset management are essential to proper operation of a water system. Asset management is a tool for water systems to plan for future financial needs, estimate the full cost of water service, and to ensure a sustainable utility. Most water systems already incorporate some of the principles into their business processes. The asset management rule in Michigan’s Safe Drinking Water Act aims to ensure that water systems are considering all costs as they plan for the future. The resources listed below will help water systems understand the principles of asset management and their responsibilities relative to the Safe Drinking Water Act.