The document discusses CSU's underground electric distribution asset management program. It notes that over 50% of CSU's system is underground, which can increase reliability but also cause lengthy outages if equipment fails. The objectives of the asset management program are to inspect, refurbish, and replace padmount transformers and switchgear on a systematic schedule to maximize reliability and minimize costs. The process involves dividing the system into zones, inspecting equipment for issues like corrosion each year, then refurbishing or replacing based on condition. Annual inspections have identified needed design improvements. The goal is to inspect all assets on a 10-year cycle to manage the over 4,000 underground components reliably and cost-effectively.