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Infrastructure Research. 2014 Annual Congress of the Federation of Canadian Municipalities May 31 st , 2014. Discussion. Infrastructure Asset Management Innovation Infrastructure Research. Infrastructure is the Corner Stone of our Quality of Life. - PowerPoint PPT Presentation
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2014 Annual Congress of the Federation of Canadian
MunicipalitiesMay 31st, 2014
Infrastructure Research
Discussion
Infrastructure Asset Management
Innovation Infrastructure Research
Infrastructure is the Corner Stone of our Infrastructure is the Corner Stone of our Quality of LifeQuality of Life
Emerging Infrastructure Management Business Conditions
Rising Community Expectations Rising Environmental Expectations Increasing Awareness & Complexity of Issues Diminishing Resources Aging Infrastructure (Lower Service Levels) Rising Risk Management & External Reporting
Expectations (PSAB 3150 & Safe Drinking Water Act (Ontario))
A growing awareness that strategic collaboration between all levels of government and the private sector is better than adversarial competition.
A Historic Shift ……..
Transition from Building & Operating to Strategic Management of Infrastructure Extending Life Optimized Decision Making Sustaining Levels of Service Business Risk Exposure
““ASSET ASSET MANAGEMENT”MANAGEMENT”
What is Asset Management ?
Systematic integration of sustainable management practices into a paradigm or “way of “way of thinking”thinking”
Primarily focused on the complete complete life cyclelife cycle of the asset in order to effectively manage corporate risk, service delivery levels and cost of service
Principal Relationship
RISK
LOS
COST
Keys for Optimized Decisions
1. Manage risk and LOS in the most cost effective way
2. More choices = optimize decisions (fill the tool box)
3. Differ cost of replacement, through the extension of Service Life
4. Manage Back Log (infrastructure deficit)
5. Ensure the best total life cycle decision
6. Reduces Social & Environmental impacts
Why the need for research?
We need to understand the technologies in order to utilize them in the most effective way.
So what are some of the things we need to know: How long will it last? What are the engineering properties? What could cause it to fail? How should it be designed (Design Standards)? How should it be maintained
Governments Role
Communicate the challenges and the need to find more ways to address the challenges
Provide guidance and direction on research initiatives
Ask the questions which you need to know the answers to.
Provide incentives to find new ways to address infrastructure challenges.
Financial:
• Replacement Cost:
$700,000
• CIPP Lining Cost:
$68,000
• Savings: $637,000
Impact of Savings:
• CIPP ROI is 5yrs (8% interest)
• Life Cycle Cost (4% discount)
EAC 2.5yr Life = $28,565
EAC 100yr Life = $28,565
Life Cycle Costs(Capital Investment)
Results
12
Before Lining After Lining
10 Yrs
THANK - YOU
Kevin Bainbridge, A.Sc.T.kbainbridge@rcii.com
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