Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$55,000
Project Type MAMP Projects
Sub Sector Asset Management Plans, Policy and Strategy
Grant amount$49,500
Program type MAMP
Municipality Town of Spaniard's Bay, NL
Status Fully Disbursed
Population 2,630
Project timeline 2023 - 2024
Project number 18429

Description

The Town of Spaniard’s Bay 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 Spaniard's Bay, NL