Asset Management Consulting Services

The vendor required to provide asset management (AM) program, on an as-and when-required basis.
- The AM team supports all city departments in advancing asset management practices. 
- Asset management initiatives are typically structured two ways:
1. Corporate or multi-department initiatives 
•    Projects with impacts across multiple departments or pilot projects with the potential for city-wide implementation, are typically led and managed by the AM team. 
•    The development of a corporate risk framework would be led by the AM team with support from the asset management steering committee. 
2. Asset-class-specific initiatives
•    Projects specific to a particular asset class are typically led and managed by the respective asset owner or asset manager (e.g., engineering
•    The development of a facilities asset management plan would be led by a project manager from the civic buildings and properties team, with support from the AM team.
- Business requirements
•    Asset hierarchies
•    Asset management plans
•    Asset management software
•    Asset useful lives
•    Business process mapping
•    Change management
•    Condition assessment frameworks
•    Competency assessments
•    Data management, including data strategy and dashboarding
•    Integration of operations and maintenance with asset management
•    Levels of service
•    Lifecycle activities and lifecycle costing
•    Long-term financial planning
•    Operationalizing asset management practices
•    Replacement values and unit costs
•    Risk management
•    Staffing plans
•    Strategic asset management plan (SAMP).

- Budget: $10,000 and $120,000