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How to develop an asset management policy, strategy and governance framework: Set up a consistent approach to asset management in your municipality

Posting Date: March 9, 2020
Year Published: 2020
Abstract:
Local governments provide a diverse range of services that are essential to our communities’ quality of life, like clean drinking water, transportation systems, waste management, drainage and flood protection, affordable housing, parks and recreation services. The services they deliver depend on physical infrastructure assets, like water treatment plants and wastewater retention ponds, roads, buses, civic facilities and emergency vehicles. A local government’s infrastructure assets (along with those provided by community partners) are the foundation that enables our communities to thrive socially, economically, culturally and environmentally. The management of existing assets, planning for future assets and their connection with front-line municipal services must be a priority for local governments.
Full Text Word Count: 8954
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