Asset Management Plans definition

Asset Management Plans means documents that support integrated, lifecycle approaches to effective stewardship of infrastructure assets in order to maximize benefits, and manage risk. Plans can include:  an inventory of assets;  the condition of infrastructure;  level of service or risk assessment;  a cost analysis;  community priority setting;  financial planning.
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Asset Management Plans means plans that (as applicable) a prudent transmission network service provider or Generator would prepare and maintain outlining its procedures for operations, maintenance, expansion and refurbishment of its assets and that form the basis for management of those assets;
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Asset Management Plans means documents that support integrated, lifecycle approaches to effective stewardship of infrastructure assets in order to maximize benefits, and manage risk. Plans can include:
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Examples of Asset Management Plans in a sentence

  • On a date and in a manner to be determined by AMO, the Recipient will provide a report to AMO demonstrating that Asset Management Plans are being used to guide infrastructure planning and investment decisions and how Funds are being used to address priority projects.

  • Under the permanent GTF, the federal government is encouraging Provinces and Territories to move towards municipal Asset Management Plans.

  • In addition to our assessment expertise, our team members have extensive expertise working with clients to utilize their existing facility assessment and other technical data (e.g., environmental, energy, functional, sustainability, etc.) to design and execute capital renewal programs and Asset Management Plans.

  • Our project work has included the development of Multi-year Integrated Capital Plans, Municipal Asset Management Plans (AMPs), AM Policy Development, AM Framework Development, Multivariable Prioritization Development and On-Going Data Management and Strategies.

  • Under the permanent GTF, the federal government is encouraging Provinces and Territories to move towards municipal Asset Management Plans by March 2018.

  • SCAG shall integrate in the metropolitan transportation planning process, directly or by reference, the goals, objectives, performance measures, and targets described in the Transit Asset Management Plans and Public Transportation Agency Safety Plans developed by providers of public transportation, in accordance with 23 CFR 450.306(d)(4).

  • Work during FY 2023/24 will continue the Work Group meetings and build upon the draft framework to develop templates for Asset Management Plans and Asset Management O&M Plans.

  • This ranges from assistance with the preparation and delivery of Asset Management Plans, the disposal of surplus assets and delivering spend to save opportunities.

  • The Act calls for more efficient and effective use of immovable assets by government and place an obligation on Accounting Officers to prepare Immovable Asset Management Plans to ensure that prudent management of such assets take place.

  • The performance of the AGENT will be measured in terms of the following Key Performance Indicators: Only work authorised in the CLIENT’s approved Infrastructure Plan (aligned to approved Asset Management Plans), will be carried out.