Depreciable life refers to the estimated period of time over which a construction asset is expected to lose its value or become obsolete. In the context of construction, this term is crucial in determining the financial impact of owning and maintaining equipment and machinery. By accurately estimating the depreciable life of a construction asset, companies can make informed decisions about when to repair, replace, or upgrade equipment in order to maximize efficiency and minimize costs.The depreciable life of construction assets can vary depending on factors such as usage, maintenance, technological advancements, and market demand. Properly assessing and monitoring the depreciable life of equipment is essential for ensuring that construction projects are completed on time and within budget. By understanding the depreciable life of their assets,