Important to all municipalities
All Alberta municipalities own, operate, and maintain various infrastructure assets, such as roads, sewers, and municipal buildings, each with a defined service life. Service life is the length of time an asset provides an acceptable level of quality, quantity, reliability, cost and responsiveness. Municipalities must ensure the full service-life is attained while keeping maintenance, rehabilitation and/or the replacement of assets cost-effective.
This hub offers information and resources to help municipalities build a tactical framework and address their social, economic and physical needs through the creation and implementation of an asset management plan.
Asset management not only looks at life cycles and full cost accountability, it can also be used by any and every department within a municipality to guide infrastructure planning and development. It helps ensure responsible stewardship for the public works sector, administrative accountability and public transparency.