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
Multiple
Grant amount$42,354
Program type
MAMP
Municipality
Town of Traytown, NL
Status
Fully Disbursed
Population
279
Project timeline
2023 - 2024
Project number
18423
Description
The Town of Traytown will implement a three-phase asset management initiative. Phase 1 of the initiativewill 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. Finally, Phase 3 will include capital and policy planningand will end with a workshop for both Council and staff.
Applicant
Town of Traytown, NL