Asset Management Plan
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$55,000
Project Type
MAMP Projects
Sub Sector
Asset Management Plans, Policy and Strategy
Grant amount$49,500
Program type
MAMP
Municipality
Town of Upper Island Cove, NL
Status
Fully Disbursed
Population
1,401
Project timeline
2023 - 2024
Project number
18430
Description
The Town of Upper Island Cove will implement a three-phase asset management initiative. Phase 1 of theinitiative will include creating an asset register for fixed infrastructure assets and setting up a geographicalinformation system (GIS). 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 Upper Island Cove, NL