TAMRMS#: B05
6.1
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Asset Management Program Implementation-Consulting Unfunded
Notice given by: Councillor Biermanski
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BUDGET POSTPONED MOTION:
recommendation
That operating business case Asset Management Program Implementation-Consulting for $60,000 unfunded.
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Administration's Understanding of the Intent of the Motion:
That the $60,000 funding request for the Asset Management Program Implementation - Consulting would not be approved and funding transferred to the Growth Stabilization Reserve.
SUMMARY
The proposed Asset Management Program work will include the development of an Asset Management Strategy (AMS) and a Strategic Asset Management Plan (SAMP). These two documents fall within the City's Asset Management Framework and provide a linkage between Council Policy Asset Management C-P&E-07 and the advancement of asset management at the operational level. The AMS outlines "how" we are going to achieve our asset management objectives. It provides a roadmap at the organizational level and provides guidance on how the City will manage its assets, make decisions, and support services. The SAMP builds off the AMS and translates the organizational roadmap down to department specific objectives, providing actionable items for departments to advance the maturity of their asset management.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
On September 22, 2014 Council passed the following motion:
C463-2014:
That City Council Policy C-P&E-07, Asset Management, provided as Attachment 1 to the September 22, 2014 agenda report "Asset Management Policy" be approved.
BACKGROUND AND DISCUSSION
The City manages an extensive infrastructure asset portfolio consisting of roadways, utilities, parks, municipal facilities, fleet & equipment, and more. The total portfolio value of the City's assets is $1.4 billion (and growing). A mature Asset Management Program helps prevent failures of critical assets, avoids costly emergency repa...
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