INFRASTRUCTURE ASSET MANAGEMENT IN BRITISH COLUMBIA: “Glen Brown has provided leadership at a provincial scale to transform the phrase ‘sustainable service delivery’ into an actionable vision for local government,” states Kim Stephens, Executive Director, Partnership for Water Sustainability
The 20/80 Rule refers to the initial capital cost of municipal infrastructure being about 20% of the ultimate total cost, with the other 80% being an unfunded liability. This is a driver for doing business differently. “Tackling the unfunded infrastructure liability involves a life-cycle way of thinking about infrastructure needs and how to pay for those needs over time. This holistic approach is described as Sustainable Service Delivery. The link between infrastructure asset management and the protection of a community’s natural resources is an important piece in Sustainable Service Delivery,” stated Glen Brown.