Asset Management Framework project

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 Town of Fort MacLeod, AB
Status Fully Disbursed
Population 3,297
Project timeline 2021 - 2022
Project number 17687

Description

The Town of Fort Macleod has recognized gaps in the current asset management processes and identified several initiatives to start an asset management journey. The Town will begin by setting up an Asset Management Framework that includes an Asset Management Policy, Strategy, Roadmap, and Plan focusing on road, water & sewer networks, and building asset classes. The second step will be to centralize asset information in a central database focusing on road, water & sewer networks, and building asset classes. The Town will be completing the project by training staff to improve in-house asset management capacity. These activities will ensure that the Town has a solid foundation for asset management and a clear direction for the foreseeable future.

Applicant

Town of Fort MacLeod, AB