Asset Management Planning: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$62,500
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$50,000
Program type MAMP
Municipality Town of Wabush, NL
Status Fully Disbursed
Population 1,964
Project timeline 2021 - 2022
Project number 17271

Description

The Town of Wabush will implement a three-phase asset management initiative. Phase 1 includes creating an asset register for fixed infrastructure assets and utilizing a geographical information system as far as possible. Phase 2 includes prioritizing the asset register in terms of consequence of failure and probability of failure. A feasibility and planning assessment for phase 3 will be completed at the end of this project.

Applicant

Town of Wabush, NL