Infrastructure Planning and Corporate Asset Management Policies

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A video thumbnail that says "Why Invest in Asset Management?".

 

The purpose of the Asset Management Policy is to ensure that the City has comprehensive information, knowledge, and understanding about the long-term affordability and fiduciary obligations related to public infrastructure decisions to ensure a healthy environment, vibrant communities and economic vitality for current and future generations.

 

The Asset Management Policy applies to a wide range of stakeholders in the areas of engineering, finance, operations, information systems, management, contract and supplier management, human resources and organizational development.

 

Effective implementation will:

 

1. Support accountability and transparency;


2. Prioritize the use of limited resources; and


3. Balance quality of service expectations with long-term affordability.

 

Additional Resources