Asset management within the Township of Springwater evaluates the services provided by the Township, identifies the assets required for these services, and determines which assets are essential for efficient service delivery.
The Township of Springwater has launched a comprehensive Asset Management Plan (AMP) to strategically oversee its infrastructure and resources. This initiative focuses on evaluating the services provided by the Township, pinpointing the assets necessary for service delivery, and identifying critical assets that ensure efficient operations.
The AMP will provide a detailed inventory of assets, establish service levels, outline performance criteria, and the strategies and resources essential to maintaining service standards. Additionally, while aligning with Master Plans, the AMP influences various Township documents, including operational and capital budgets, strategic plans, and user fee assessments.