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RE: Agreement for Professional ServicesProfessional Services • June 30th, 2021 • North Carolina
WithersRavenel is pleased to submit this agreement for executing Asset Lifecycle Modeling for 2021/2022 fiscal year. Asset management is an important function of Public Works for Capital Improvement Planning as well as maintaining utility networks to a desired level of service. In addition, being efficient in allocating funds for rehabilitation and replacement contracts is a necessity but is sometimes difficult due to the variables involved. Executing a lifecycle model allows for an optimized approach for managing all assets as a whole and ensures the appropriate allocation of funding to be applied objectively to meet desired levels of service.
