Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$59,850
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$47,880
Program type MAMP
Municipality Town of Clarenville, NL
Status Fully Disbursed
Population 6,704
Project timeline 2023 - 2024
Project number 18401

Description

The Town of Clarenville will implement a three-phase asset management initiative. Phase 1 of the initiativewill include creating an asset register for fixed infrastructure assets and utilizing a geographical informationsystem (GIS). Phase 2 will include prioritizing the Town’s asset register in terms of consequence of failureand probability of failure. Phase 3 will include capital and policy planning and will end with a workshop forboth Council and staff.

Applicant

Town of Clarenville, NL