Asset Management Inventory and Preliminary Capital Program
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$55,375
Project Type
MAMP Projects
Sub Sector
Multiple
Grant amount$49,838
Program type
MAMP
Municipality
Town of Twillingate, NL
Status
Fully Disbursed
Population
2,121
Project timeline
2021 - 2022
Project number
17179
Description
The Town of Twillingate will complete the inventory of major assets including linear assets, buildings and structures and fleet. This inventory will include attribute data such as age, condition, and material. The information will be set up in spreadsheet format as well as GIS. State of Infrastructure Reports will be prepared to summarize and present the information in a format suitable for Council and the public.Renewal and replacement projects will be prioritized through a risk assessment process involving Council and staff to support a preliminary capital program. Council and staff will also participate in a training session providing an overview of asset management concepts and benefits and draft an asset management policy to guide decisions around renewal and replacement of infrastructure.
Applicant
Town of Twillingate, NL