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 Town of Salisbury, NB
Status Fully Disbursed
Population 7,745
Project timeline 2017 - 2019
Project number 15582

Description

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

Applicant

Town of Salisbury, NB