Asset Management Plan. The Recipient will develop and implement an Asset Management Plan prior to December 31, 2016.
Asset Management Plan. The transit asset management plan prepared in accordance with 49 U.S.C. §5326 and certified by the department. The plan includes, at a minimum, capital asset inventories and condition assessments, decision support tools, and investment prioritization.
Asset Management Plan. The Contractor shall refer to the Federal Transit Administration’s (FTA) Final Rules, 49 CFR Parts 625 and 630. The Contractor shall provide a narrative of how it plans to collect and record asset data and must provide a sample data collection format in a spreadsheet (such as Microsoft Excel) to the Project Manager within three (3) months of the Notice to Proceed. This information shall be reviewed and approved by the Project Manager; such review by the Project Manager is for content only and not for accuracy, and the format by which the Contractor shall provide all asset data for the Project. The Project Manager will provide the Contractor the starting asset number; the Contractor shall utilize the same number format and apply number tags to assets in sequential order. The Contractor shall ensure all number tags are of durable plastic material and shall have the number as well as bar code to the tag number. A sample tag is shown below: NJ TRANSIT ASSET No. xxxxxxxxx [Bar Code] The Contractor shall provide asset data as described; all maintainable assets shall be grouped in the following Asset Class with parent/child relationship:
Asset Management Plan. The first paragraph of section 5.10 (Asset Management Plan) of Schedule 2 is deleted in its entirety and is replaced with the following: The Operator shall develop an Asset Management Plan as required by the New Jersey Water Quality Accountability Act to support the long-term sustainability of the Water Supply System and the Sewer Collection System by helping the City make informed decisions on when it is most appropriate to repair, replace, or rehabilitate particular assets and by developing a long-term funding strategy.
Asset Management Plan. The Florida Administrative Code (F.A.C.) requires recipients of Construction Grants for Small Community Wastewater Facilities to develop and implement an Asset Management Plan. Grants under chapter 62-505.300(1)(d), F.A.C.: Are available at the construction phase of a Project only if the Local Government adopts and implements, prior to the final disbursement of the associated State Revolving Fund construction loan, an Asset Management Plan that meets all requirements of subsection 62-503.700(7), F.A.C. The Asset Management Plan shall include, at a minimum, the following elements: i) an inventory of all the assets within the Local Government’s system; ii) an evaluation of the current age, condition, and anticipated useful life of each asset; iii) the current value of the assets; iv) the cost to operate and maintain all assets; v) a capital improvement plan based on a survey of industry standards, life expectancy, life cycle analysis, and remaining useful life; vi) an analysis of funding needs; vii) an analysis of population growth and wastewater or stormwater flow projections, as applicable, for the sponsor’s planning area, and a model, if applicable, for impact fees; commercial, industrial and residential rate structures; industrial pretreatment fees and parameters; viii) the establishment of an adequate funding rate structure; ix) a threshold rate set to ensure the proper operation of the utility (if the sponsor transfers any of the utility proceeds to other funds, the rates must be set higher than the threshold rate to facilitate the transfer and proper operation of the utility); and x) a plan to preserve the assets, as well as the renewal, replacement, and repair of the assets as necessary (such plan should incorporate a risk-benefit analysis to determine the optimum renewal or replacement time). Failure to adopt and implement such an Asset Management Plan prior to the final disbursement of the associated State Revolving Fund construction loan will reduce the Construction Grant percentage to 0%.
Asset Management Plan. The Concessionaire must:
Asset Management Plan. The Concession Company shall provide the Authority a draft asset management plan (the “Asset Management Plan”) no later than two (2) months following the Closing Date. The Asset Management Plan shall be consistent with the terms and provisions of this Agreement, contain a detailed description of the means and methods of properly maintaining, repairing and replacing the Cruise Port Facility, and shall otherwise document procedures, practices and schedules set forth in Schedule 12. The Concession Company shall review and discuss in good faith with the Authority any aspect of the draft Asset Management Plan and will provide the Authority a final Asset Management Plan no later than four (4) months following the Closing Date. Neither the review of or comment upon, nor the failure of the Authority to comment upon, the Asset Management Plan shall relieve the Concession Company of any of its responsibilities under this Agreement, be deemed to constitute a representation by the Authority that maintaining, repairing and replacing the Cruise Port Facility pursuant to the Asset Management Plan will cause the Cruise Port Facility to be in compliance with this Agreement or applicable Law, or impose any liability upon the Authority. The Concession Company shall bear all costs and expenses of preparing the Asset Management Plan. The Concession Company shall update the Asset Management Plan to take into account the following: (i) each Cruise Pier Improvement Project, in each case after its Completion;
Asset Management Plan. The Operator must:
Asset Management Plan. 6.3.2.5.1 The Discharger shall develop and submit to the San Diego Water Board within 180 days of the effective date of this Order an Asset Management Plan to ensure proper operation and maintenance of the Facility. The Discharger may rely on existing documents to develop the Asset Management Plan. The Asset Management Plan shall include the following elements:
Asset Management Plan. On or before six months after the approval of this Amendment, Contractor shall hire an independent consultant to prepare an Asset Management Plan (Plan) for all Transit Shelters. The Plan must include location, date of installation, amenities on the Shelter, and a “condition score,” to be approved by the SFMTA.
