Asset Management Inventory and Preliminary Capital Program
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$61,875
Project Type
MAMP Projects
Sub Sector
Multiple
Grant amount$49,500
Program type
MAMP
Municipality
Town of New-Wes-Valley, NL
Status
Fully Disbursed
Population
2,044
Project timeline
2022 - 2023
Project number
17702
Description
The Town of New-Wes-Valley will complete an inventory of the town's major assets including linear assets,buildings and structures and fleet. The inventory will include attribute data such as age, condition, andmaterial. The information will be set up in spreadsheet format as well as GIS. State of InfrastructureReports will be prepared to summarize and present the information in a format suitable for Council and thepublic. Renewal and replacement projects will be prioritized through a risk assessment process involvingCouncil and staff to support a preliminary capital program. Council and staff will also participate in a trainingsession providing an overview of asset management concepts and benefits and to draft an AssetManagement Policy to guide decisions around renewal and replacement of infrastructure.
Applicant
Town of New-Wes-Valley, NL