Asset Management Initiative: Asset Register, Prioritization and Strategy
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$55,600
Project Type
MAMP Projects
Sub Sector
Asset Management Plans, Policy and Strategy
Grant amount$50,000
Program type
MAMP
Municipality
Town of Northern Arm, NL
Status
Fully Disbursed
Population
371
Project timeline
2023 - 2024
Project number
18398
Description
The Town of Northern Arm will implement a three-phase asset management initiative. Phase 1 of theinitiative will 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 consequenceof failure and probability of failure. Finally, Phase 3 will include capital and policy planning and will end witha workshop for both Council and staff.
Applicant
Town of Northern Arm, NL