Town of Penhold Asset Management Program

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$73,350
Project Type MAMP Projects
Sub Sector Data Collection and Reporting
Grant amount$50,000
Program type MAMP
Municipality Town of Penhold, AB
Status Fully Disbursed
Population 3,484
Project timeline 2022 - 2023
Project number 17206

Description

The Town of Penhold plans to centralize its current Asset Management Data by purchasing a softwareupgrade to create an Asset Management (AM) database. The town will collect and assess current data on its assets including: roads, water, sewer, and facilities and input the data into the new system. This upgrade will allow for a streamlined approach on the Town’s Asset Management and provide ease in finding the age, cost, and condition of each of the assets once the transition is complete.

Applicant

Town of Penhold, AB