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
Asset Management Plans, Policy and Strategy
Grant amount$42,354
Program type
MAMP
Municipality
Town of Lushes Bight-Beaumont-Beaumont North, NL
Status
Fully Disbursed
Population
169
Project timeline
2023 - 2024
Project number
18427
Description
The Town of Lushes Bight-Beaumont-Beaumont North will implement a three-phase asset managementinitiative. Phase 1 of the initiative will include creating an asset register for fixed infrastructure assets andsetting up a geographical information system (GIS). Phase 2 will include prioritizing the Town’s assetregister in terms of the consequence of failure and the probability of failure. Finally, Phase 3 will includecapital and policy planning and will end with a workshop for both Council and staff.
Applicant
Town of Lushes Bight-Beaumont-Beaumont North, NL