Asset Management

UNSM’s Asset Management Webinar with the Province of Nova Scotia & FCM

On June 14, UNSM collaborated with the Department of Municipal Affairs and FCM to deliver a webinar to update municipalities on the Province of Nova Scotia’s asset management program and new pilot project, and provide an overview of FCM’s Municipal Asset Management Program’s new funding initiative. The webinar provided municipalities with an opportunity to discuss their asset management project ideas with staff from the Department of Municipal Affairs and FCM to ensure they aligned with the provincial asset management program.

Department of Municipal Affairs Update on Asset Management - June 2017
FCMs Municipal Asset Management Program
Answers to Questions Posed During the Webinar

 

Update on Asset Management Planning in Nova Scotia - April 2017

 

The Basics of Asset Management

 

The Role of Council in Asset Management Planning

 

A Business Case for Sustainable Asset Management Planning in Nova Scotia--In the fall of 2016, UNSM worked a team of graduate students at Dalhousie University to examine the role sustainability plays in asset management planning for public infrastructure. The students developed a report demonstrating that by applying sound environmental and sustainable management practices to retrofitting, building and maintaining assets, municipalities can reduce costs and energy use, and make their infrastructure more resilient to projected changes in climate. Ultimately, this will help them balance their infrastructure investments with environmental performance goals, while mitigating climate risks and improving service delivery.

 

FCM’s New Program Provides Municipalities with Support for Asset Management Planning

Regardless of size or location, municipalities across Canada are seeking options to support their infrastructure planning efforts, recognizing that sound asset management practices will allow them to provide sustainable service delivery, manage infrastructure risks and meet fiduciary responsibilities. Whether they have yet to begin asset management planning or are very seasoned in systematically managing their public infrastructure, many resources exist to assist them in making strategic infrastructure decisions. One important program to support municipalities with infrastructure planning is the Federation of Canadian Municipalities’ (FCM) Municipal Asset Management Program (MAMP), launched in April of this year. The program is delivered by FCM and funded by the Government of Canada.

MAMP is a five-year, $50-million dollar program designed to provide municipal decision-makers with the tools, training and knowledge necessary to make effective and informed infrastructure decisions, and plan financially for the renewal and replacement of their assets. As Canadian municipalities are diverse and have varying levels of capacity to undertake asset management practices, MAMP will provide a variety of training opportunities (many of which will focus on small and rural municipalities) and funding to support a range of activities. The main components of MAMP include training, funding and knowledge sharing.

Training
In the coming year, a variety of training and professional development opportunities will be delivered by FCM and partner organizations, like UNSM. To build awareness and provide basic technical training, workshops, peer-to-peer activities, webinars and conference presentations will be offered. These learning opportunities will help increase awareness about the importance and benefits of infrastructure planning, support municipalities in building internal knowledge of asset management practices and demonstrate how municipal decision-makers can incorporate these best practices into the management of their organizations.

Funding
Early in May, FCM launched MAMP’s direct funding component. Grants of up to $50,000 (to cover 80 per cent of eligible project costs) are now available to municipalities to support them in taking a proactive and focused approach to managing their infrastructure. Asset management planning provides a strategic process for addressing infrastructure requirements by assuring assets are maintained and timely investments are undertaken to minimize risks and costs. MAMP funding supports a range of activities to increase a municipality’s asset management capacity, including:

  • Data collection and assessment of existing infrastructure
  • The development of asset management policies and plans
  • Training for municipal leaders

Municipalities must complete projects within 11 months of receiving funding approval notification. FCM will accept applications year-round on a continuous basis, subject to available funding, until June 30, 2020. Application guides are available on FCM’s website and staff is available to answer questions about possible projects.

Knowledge Sharing
FCM is gathering relevant knowledge, including lessons learned and best practices, from municipal leaders and asset management professionals from across Canada, and developing opportunities to share it with municipalities. As well, it is curating a list of resources to provide municipalities with the most current and relevant information on asset management planning.

To access information on MAMP, asset management resources, and current funding and training opportunities:

  • visit FCM’s Website
  • contact one of FCM’s program advisors by telephone (1-877-997-9986) or email () or
  • subscribe to FCM’s email list.


Asset Management Resources

Resources developed by municipal associations & municipalities:

Other asset management associations & resources: