ASSET MANAGEMENT IN THE COWICHAN VALLEY REGIONAL DISTRICT: “We are still at the front end of our asset management journey, but we have been able to adapt to this unexpected change in operating conditions brought on by the global health pandemic,” stated Austin Tokarek, Asset Coordinator

Note to Reader:

In the Summer 2020 edition of Asset Management BC’s Newsletter, Austin Tokarek described the asset management process that guided the Cowichan Valley Regional District response to the COVID-19 virus.

Asset Management Program Helps Cowichan Valley Regional District Respond to COVID-19

“We are still at the front end of our asset management journey, but we have been able to adapt to this unexpected change in operating conditions brought on by the global health pandemic,” wrote Austin Tokarek, Asset Coordinator with the Cowichan Valley Regional District (CVRD) on Vancouver Island.

“Prior to this change, the CVRD, as an organization, recognized the value of a Strategic Asset Management Plan (SAMP) that defines levels of service, includes a risk management framework for managing climate change impacts, identifies infrastructure condition and priorities for renewal projects, and that attempts to identify future demand scenarios and break down the functional silos established by each department.

“This strategy enables an understanding of the systems within our community, interactions between staff, infrastructure requirements, defined service levels, and the costs to deliver those services.”

To Learn More:

To read the complete article by Austin Tokarek, download a copy of the Summer 2020 edition of Asset Management BC’s Newsletter, and scroll down to page 4.