Mature asset management programs enable municipalities to deliver public services consistently while mitigating risk and optimizing cost-savings.
Despite these benefits, local governments often struggle to execute their asset management objectives due to a lack of quality asset data, inconsistent reporting processes, staff turnover, and ultimately, the absence of a clear strategy. The Town of High Level, Alberta has adopted its first asset management strategy and is already realizing the benefits of building an asset management program from the ground up.
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