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 Communauté régionale de Campbellton, NB
Status Fully Disbursed
Population 12,391
Project timeline 2018 - 2019
Project number 16308

Description

The Village of Tide Head will develop a Capital Asset Management Plan that will consist of the review of existing PSAB 3150 infrastructure data in the municipality. The Village will address data gaps through a review of record drawings and field data collection. Asset condition will be established through a combination of visual inspection of roads, sewer, and facilities, and age-based methods. The compiled information will allow the prioritization of assets based on the level of service with regards to the performance of each asset as well as the creation of a capital investment strategy. Finally, the gathered information will be placed in a decision-making document to be frequently referenced, revised and updated.

Applicant

Communauté régionale de Campbellton, NB