Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$61,800
Project Type MAMP Projects
Sub Sector Asset Management Plans, Policy and Strategy
Grant amount$49,440
Program type MAMP
Municipality Town of Gambo, NL
Status Fully Disbursed
Population 1,816
Project timeline 2023 - 2024
Project number 18351

Description

The Town of Gambo will implement a three-phase asset management initiative. Phase 1 of the initiative willinclude creating an asset register for fixed infrastructure assets and setting up a geographical informationsystem (GIS). Phase 2 will include prioritizing the Town’s asset register in terms of consequence of failureand probability of failure. Finally, Phase 3 will include capital and policy planning and will end with aworkshop for both Council and staff.

Applicant

Town of Gambo, NL