Water System Asset Management Plan (AMP) 2022

The AMP is a strategic plan that combines multi-disciplinary management techniques (including technical and financial) to determine best practices for operating, maintaining, and replacing assets over the life cycle of the asset in the most cost-effective manner to provide the agreed level of service (LOS).

The AMP provides visibility of the costs and benefits associated with providing the agreed LOS with the intent to minimize the whole life cycle cost for operating, maintaining, and replacing assets.

The City’s Capital Improvement Program (CIP) includes projects to replace existing assets and projects to construct new assets or upgrade existing assets.

The AMP describes the risk-based asset management approach to planning the replacement of existing assets. The approach considers the criticality of each asset and the condition of each asset. Those assets whose failure would have the greatest adverse consequences and that are in the poorest condition and more likely to fail are prioritized for replacement.

The AMP was approved by the City Council on March 15, 2020. The asset management plan can be found HERE.