Capital Asset Management Plan

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$62,500
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$50,000
Program type MAMP
Municipality Ville de Beaurivage, NB
Status Fully Disbursed
Population 2,392
Project timeline 2017 - 2018
Project number 15599

Description

The Town of Richibucto will create a Capital Asset Management Plan for the infrastructure. It will consist of the review of existing PSAB 3150 infrastructure data in the municipality and data gaps will be addressed through review of record drawings and field data collection. Asset condition will be established through a combination of visual inspection (roads, sewer, facilities) and age based methods. The compiled information will allow the prioritization of assets based on the level of service with regards to the performance of each asset as well as the creation of a capital investment strategy. Finally, the gathered information will be placed in a decision-making document to be frequently referenced, revised and updated.

Applicant

Ville de Beaurivage, NB