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Asset Management For entities with major infrastructure responsibilities, maintenance and repairs are often reactive efforts. Asset management is a means to better manage both horizontal and vertical infrastructure in a way that ultimately optimizes life cycle costs and facilitates asset preservation. Not only does it make good business sense to use an asset management system, the Government Accounting Standards Board Statement (GASB) 34, released in June 1999, requires governmental units to depreciate assets over time or implement an asset management program. PBS&J, engineering and planning consultant to local governments, agencies, and private entities since 1960, has developed an array of services to facilitate the smooth implementation of an enterprisewide asset management system.
PBS&J employs a proven process to develop an effective asset management system that provides an accurate inventory of assets and enables our clients to reliably forecast asset conditions; develop maintenance, rehabilitation, and replacement plans; plan and budget for capital improvements; and generate GASB 34 and other critical reports. As a leading provider of infrastructure planning, engineering, and program management, PBS&J has a unique perspective of our clients’ needs, and is able to provide cost-effective enterprise solutions to asset management.
Click here to view the Asset Management Process Flow Chart.
Capabilities:
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AIM setup, implementation, and training
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Asset inventory and mapping
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Capital improvement and renewal planning
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Compliance and gap assessments
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Condition assessment and valuation
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Data collection
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Financial analyses and reporting
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Implementation and training
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Maintenance management planning
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Performance modeling
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Software and management system implementation |
