Increasing Asset Management Capacities

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 Township of Seguin, ON
Status Fully Disbursed
Population 5,280
Project timeline 2017 - 2018
Project number 15400

Description

The project will build on existing corporate information and processes to achieve increased assetmanagement analysis capacities. All infrastructure asset classes will be accounted for in terms of 25-yearexpenditure and performance projections. Key asset performance indicators will be refined to increasetheir responsiveness to typical decision making circumstances. In addition to explicit asset conditiondeterioration rates, implicit functional, social, and environmental will be derived. Centralization of assetmanagement information flows will provide a system, through which, future asset management planupdates can readily be made. Strategy and policy will be established to formalize the continuous assetmanagement effort.

Applicant

Township of Seguin, ON