Asset Management Planning: Asset Register, Prioritization and Strategy

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 Town of Lewisporte, NL
Status Fully Disbursed
Population 3,288
Project timeline 2021 - 2022
Project number 17193

Description

The Town of Lewisporte will implement a three phase asset management initiative. Phase 1 will include the creation of an asset register for the Town’s fixed infrastructure assets and utilizing a geographical information system as far as possible. Phase 2 will include prioritizing the Town’s asset register in terms of consequence of failure and probability of failure. In Phase 3 a feasibility and planning assessment will be completed at the end of this project.

Applicant

Town of Lewisporte, NL