MFOA's Strategic Asset Management Policy Toolkit *Coming Soon*
Under the Infrastructure for Jobs and Prosperity Act, 2015, principles are set out the provincial government to regulate asset management planning for municipalities. On December 27, 2017, O. Reg. 588/17 was released which regulates asset management planning for municipal infrastructure.
As part of O. Reg. 588/17, all municipalities are required to adopt strategic AM policies by January 1, 2019 and update them at least every five years from that date. In light of the specific requirements within the proposed AM regulation, MFOA is developing a Strategic Asset Management policy toolkit and templates for use by the municipal sector. This project was funded in part by the Government of Ontario.
MFOA members will be notified once the toolkit is available for download. Check back here for updates.