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The document discusses the vision for asset management in being proactive over the entire lifecycle of assets from planning to disposal. It requires understanding all components to incorporate each department's unique needs. Asset management helps communities answer questions about current infrastructure, value, condition, deficiencies, replacement needs, and costs. Taking a proactive approach through asset management provides benefits like linking investments to affordable services, enabling long-term planning, increasing efficiency, promoting collaboration, minimizing risks, and saving money long-term.

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32 views

Panels - Combined

The document discusses the vision for asset management in being proactive over the entire lifecycle of assets from planning to disposal. It requires understanding all components to incorporate each department's unique needs. Asset management helps communities answer questions about current infrastructure, value, condition, deficiencies, replacement needs, and costs. Taking a proactive approach through asset management provides benefits like linking investments to affordable services, enabling long-term planning, increasing efficiency, promoting collaboration, minimizing risks, and saving money long-term.

Uploaded by

m_lenihan
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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The vision for asset management is to be proactive in addressing the complete lifecycle needs of all Band tangible capital

assets, spanning planning, construction, operations, maintenance, and disposal. Achieving this vision requires understanding the breadth of asset management components to ultimately be included, as each department has unique requirements.

asset management
TTeS is taking a new role in managing community assets
what is asset management?
A set of activities that help plan for the current and long-term investment needs of a communitys infrastructure (or assets). Asset management helps answer questions such as: What infrastructure or assets do we own now? What are our assets worth? What condition are they in? Where are we deficient? What assets will need to be replaced/repaired and by when? What will it cost?

When we wait for things to break down before we repair or replace them, it causes an emergency situation. That often means unplanned disruptions in services, more time spent on finding crews and paying them overtime, or people having to fix broken pipes in the dead of winter ~ Don Funk

benefits of asset management


While it can appear to be more costly at the outset, taking a proactive approach to managing assets brings with it a number of clear benefits. Asset Management: Provides a direct link between what we invest in and the long-term affordability of the services we offer Allows us to create long-term capital and financial plans Enables us to make the best use of resources and increase efficiency Promotes teamwork and collaboration (because it requires several departments to work together) Minimizes risk (like service delays or costly fixes to unanticipated problems) Can save communities money in the long-term

Ruby Samson, Accounts Receivable Technician and Claude Julien, Financial Accountant, are looking forward to the benefits the asset management program will deliver on the financial side. They were profiled in the asset management newsletter.

The objectives for asset management are taking a collaborative approach to managing community assets, raising awareness, being proactive in the rehabilitation of aging infrastructure, considering full lifecycle costs of assets (value for money), and prioritizing capital projects (doing the right things first)

Today, water meter readers are typing the data into a spreadsheet, which helps with the accuracy. This information is used to help equitably allocate the costs of operating the water system to the customers who receive water services.

water system
Water System Mains Treatment Plants Reservoirs Pump Stations 44.7 km 1 2 3

Age of System

54%

46%

less than 25 Year 50 to 75 Years

25 to 50 Years 75 to 100 Years

0 250 500 1,000 Meters

Water System Inventory

The TteSs long-term asset management program will help to ensure the sanitary sewer collection system remains a reliable and affordable community service well into the future.

sanitary sewer system


Sanitary Sewer System Mains Manholes Pump Stations Services 13.3 km 110 7 210

Age of System

100%

less than 25 Year 50 to 75 Years

25 to 50 Years 75 to 100 Years

0 125 250 500 Meters

Sanitary Sewer System Inventory

Justin Gottfriedson is a Waste-water Collection System Operator. He was profiled in the asset management newsletter and explains how long-term asset management will ensure the sanitary sewer collection system remains a reliable community service.

The vision for asset management is to have a long-term strategy that helps TteS proactively plan, construct, operate and maintain all of the Bands assets. It will enable greater organizational efficiency and good fiscal management.

road system
Road Types Local Arterial Rural 19.6 km 6.4 km 3.7 km

Road Types

3.7 km 6.4 km 19.6 km

Local

Arterial

Rural

0 250 500 1,000 Meters

Road Network Inventory


Housing Mix Rentals Rent to own Owned 52 units 63 units 164 units

The asset management program will help ensure that the whole infrastructure system, including Housing information, is better integrated and will give busy people like Cary more efficient access to the information they need.

housing
Housing Stock Age

10% 20% 7% 12% 13%


0-5 years 16-20 years 31+ years

14% 24%
11-15 years 26-30 years

6-10 years 21-25 years

Carey Morin, a housing coordinator, was profiled in the asset management newsletter and discusses how the asset management program will create efficiencies in information sharing.

Simple things that each of us rely on, like turning on our tap and receiving clean drinking water, are made possible through our communitys assets (also called infrastructure).

buildings, facilities and equipment


Buildings, Facilities and Equipment School Powwow Facility Gas Bar Misc. Buildings Tools and Equipment

Age of Facilities

35% 22%
less than 25 Year 50 to 75 Years

25% 18%

25 to 50 Years 75 to 100 Years

The assets the TteS is responsible for include the communitys roads, water system, sewer system and buildings (to name a few).

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