Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$47,060
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$42,354
Program type MAMP
Municipality Town of Conception Harbour, NL
Status Fully Disbursed
Population 624
Project timeline 2023 - 2024
Project number 18418

Description

The Town of Conception Harbour will implement a three-phase asset management initiative. Phase 1 ofthe initiative will include creating an asset register for fixed infrastructure assets and setting up ageographical information system. Phase 2 will include prioritizing the Town’s asset register in terms of theconsequence of failure and the probability of failure. Phase 3 will include capital and policy planning andwill end with a workshop for both Council and staff.

Applicant

Town of Conception Harbour, NL