Asset Management Inventory and Preliminary Capital Program
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$40,700
Project Type
MAMP Projects
Sub Sector
Multiple
Grant amount$36,630
Program type
MAMP
Municipality
Town of Summerford, NL
Status
Fully Disbursed
Population
805
Project timeline
2021 - 2022
Project number
17181
Description
The Town of Summerford will complete the inventory of major assets including linear assets, buildings and structures and fleet. This 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 Infrastructure Reports will be prepared to summarize and present the information in a format suitable for Council and the public. Renewal and replacement projects will be prioritized through a risk assessment process involving Council and staff to support a preliminary capital program. Council and staff will also participate in a training session providing an overview of asset management concepts and benefits and draft an asset management policy to guide decisions around renewal and replacement of infrastructure.
Applicant
Town of Summerford, NL