Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$48,860
Project Type MAMP Projects
Sub Sector Asset Management Plans, Policy and Strategy
Grant amount$43,974
Program type MAMP
Municipality Town of Change Islands, NL
Status Fully Disbursed
Population 184
Project timeline 2023 - 2024
Project number 18367

Description

The Town of Change Islands will implement a three-phase asset management initiative. Phase 1 includescreating an asset register for fixed infrastructure assets and utilizing a geographical information system.Phase 2 includes prioritizing the asset register in terms of consequence of failure and probability of failure.Phase 3 includes capital and policy planning and will end with a workshop for both Council and staff.

Applicant

Town of Change Islands, NL