Ayres Knowledge Center Infrastructure Asset Management | Page 6

control can increase accidents, injuries, or, worse yet, fatalities. With inflation on the rise, putting off needed repairs and maintenance work is only going to increase the cost to do that work. Another consequence of poor infrastructure and delayed maintenance is a rise in resident complaints and the increased amount of time that staff spend answering calls – taking them away from their daily duties and responsibilities. In some cases, it can also lead to residents and businesses vacating their communities and leaving cities and villages in even worse condition. Eventually the costs of high-priority infrastructure projects could negatively impact a community’s borrowing capacity. Asset management – by definition, a structured approach to help manage infrastructure to achieve a desired level of service for the least life-cycle cost – offers a solution to these challenges. It’s a management paradigm and a body of management practices that is applied to the entire portfolio of assets. Asset management seeks to minimize the total cost of acquiring, operating, maintaining, or renewing assets while continually delivering the service levels customers desire and regulators require at an acceptable level of risk to the community. How can a community get started? The following seven-step plan will help pave the way. 1. Complete an asset inventory and collect related attribute data. Use various technologies, equipment, and methodologies, including field surveys, aerial images, feature extraction of asset locations, aerial and mobile LiDAR, and unmanned aerial systems. Figure 2 - Sample Asset Inventory 2. Conduct a condition assessment. For each asset type, determine and assign a condition rating. For instance: o Pavement – Evaluate pavement conditions and assign a condition rating to generate an overall PCI (pavement condition index) value. o Sewer – Conduct an evaluation of sanitary sewer systems using the NASSCO (National Association of Sewer Service Companies) PACP (Pipeline Assessment Certification Program) rating system. o Water – Track water main breaks and repairs, monitor valve exercise and hydrant flushing efforts, and record hydrant flow testing results. o Stormwater – Model stormwater conveyance systems and prepare stormwater management plans. 3