Asset Management Initiative: Asset Register, Prioritization and Strategy

Type of initiative Municipal Asset Management Program - MAMP
Sector Asset Management (MAMP)
Project value$55,750
Project Type MAMP Projects
Sub Sector Multiple
Grant amount$50,000
Program type MAMP
Municipality Town of Triton, NL
Status Fully Disbursed
Population 896
Project timeline 2021 - 2022
Project number 17264

Description

The Asset Management project will be completed by the Town of Triton in three phases.Phase 1 will involve the creation of an asset register for fixed infrastructure assets and utilizing a geographical information system as far as possible. In Phase 2, assets will be prioritized in terms of consequence of failure and probability of failure and critical assets will be identified. In Phase 3, capital and operational strategies and policies will be developed

Applicant

Town of Triton, NL