Asset Management Program Development in Latchford

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$47,490
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$42,741
Program type MAMP
Municipality Town of Latchford, ON
Status Fully Disbursed
Population 355
Project timeline 2021 - 2022
Project number 17417

Description

The Town will develop an Asset Management Plan and implement CityWide Asset Manager software. The Asset Management Plan development and implementation of software will allow the Town to gain an advanced understanding of its asset performance and effectively plan for future maintenance based on data-driven decisions.The development of the Asset Management Plan will be critical in complying with provincial regulations and enhancing the Town’s overall understanding of its Asset Management program. Further, the implementation of asset management software will be a critical piece in continuing to advance asset data and increase staff involvement in asset planning across the organization.

Applicant

Town of Latchford, ON