Asset Management Inventory and Preliminary Capital Program

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$49,575
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$44,618
Program type MAMP
Municipality Town of Arnold's Cove, NL
Status Fully Disbursed
Population 964
Project timeline 2021 - 2022
Project number 17412

Description

The Town of Arnold’s Cove will compile a complete inventory of the Town's major assets including linearassets, buildings and structures, and fleet. The inventory will include attribute data such as age, condition,and material. 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. Finally, the Town will draft anasset management policy to guide decisions around renewal and replacement of infrastructure.

Applicant

Town of Arnold's Cove, NL