Asset Management Inventory and Preliminary Capital Program
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$55,330
Project Type
MAMP Projects
Sub Sector
Multiple
Grant amount$49,797
Program type
MAMP
Municipality
Town of Ferryland, NL
Status
Fully Disbursed
Population
371
Project timeline
2020 - 2021
Project number
16957
Description
The Town of Ferryland will compile a complete inventory of the Town's major assets including linear assets, buildings and structures and fleet. The inventory will include attribute data such as age, condition, and material. 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 will participate in a training session that will provide an overview of asset management concepts and benefits, and will draft an asset management policy to guide decisions around renewal and replacement of infrastructure.
Applicant
Town of Ferryland, NL