Three Alberta Municipalities To Receive Municipal Asset Management Program Funding

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MLT Aikins LLP
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MLT Aikins LLP is a full-service law firm of more than 300 lawyers with a deep commitment to Western Canada and an understanding of this market’s unique legal and business landscapes.
On July 13, 2020, Infrastructure Canada announced that three communities in Alberta will receive Federal Government funding totalling $131,000 to support the improvement of their asset...
Canada Wealth Management
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On July 13, 2020, Infrastructure Canada announced that three communities in Alberta will receive Federal Government funding totalling $131,000 to support the improvement of their asset management programs.

The three municipalities in Alberta that will receive funding are:

  1. the City of Calgary, for the purpose of developing a risk-informed asset management planning process for the City's pedestrian network;
  2. Lac La Biche County, for the purpose of developing a program that will include training, asset management needs assessment, an implementation plan, and an asset management policy; and
  3. the Municipal District of Taber, for the purpose of improving its asset management capacity, and conducting an evaluation of the condition and performance of its existing assets.

Municipal Asset Management Program

Infrastructure Canada, through the Federation of Canadian Municipalities, provides funding to eligible municipalities through the Municipal Asset Management Program ("MAMP"). MAMP is an eight-year, $110-million program that was created to help Canadian municipalities and their partner organizations make informed, evidence-based, infrastructure investment decisions. MAMP is intended to help municipalities use data to prepare for future expenses and to provide reliable services to their residents.

MAMP provides funding to help municipalities improve the way that they assess, plan and manage their existing infrastructure. Funding advancements are made to support municipalities' asset management practices, including in the areas of: risk assessments; creating policies and roadmaps; data collection; creating asset management plans; and training and development for employees. Each project must be completed within a 12-month timeline and is eligible for funding of up to $50,000 per project, covering between 80% and 90% of project costs, depending on the size of the municipality.

Further Applications

The Federation of Canadian Municipalities will accept applications on a continuous basis on behalf of Infrastructure Canada until October 31, 2022.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Three Alberta Municipalities To Receive Municipal Asset Management Program Funding

Canada Wealth Management
Contributor
MLT Aikins LLP is a full-service law firm of more than 300 lawyers with a deep commitment to Western Canada and an understanding of this market’s unique legal and business landscapes.
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