Asset Management Initiative: Asset Register, Prioritization and Strategy
Type of initiative
Municipal Asset Management Program - MAMP
Sector
Asset Management (MAMP)
Project value$60,000
Project Type
MAMP Projects
Sub Sector
Asset Management Plans, Policy and Strategy
Grant amount$48,000
Program type
MAMP
Municipality
Town of Victoria, NL
Status
Fully Disbursed
Population
1,658
Project timeline
2022 - 2023
Project number
17665
Description
The Town of Victoria will implemented its Asset Management Initiative in two phases. Phase 1 includescreating an asset register for fixed infrastructure assets and utilizing a geographical information system.Phase 2 includes prioritizing the asset registers 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 Victoria, NL