Asset Management
Notification from: Ohio EPA - Division of Drinking and Ground Waters
What is asset management?
It has many different definitions but it boils down to getting the most out of your assets at the lowest cost to the system. In other words, a water system should be servicing assets frequently enough that they are doing what they are meant to, without spending more time or money than is necessary to achieve those results.
Ohio EPA is developing rules to reflect the statutory charge of Senate Bill 2 that will work along with recently enacted capability rules. Both rules are aimed at addressing the managerial, technical and financial capability of water systems. A successful asset management program should cut down on the number of disruptions in service due to lack of planning and/or maintenance.
A system’s asset management program must include:
For more asset management information check out the Ohio EPA Asset Management webpage. http://epa.ohio.gov/ddagw/pws.aspx#113435168-asset-management
Asset Management Resources:
What is asset management?
It has many different definitions but it boils down to getting the most out of your assets at the lowest cost to the system. In other words, a water system should be servicing assets frequently enough that they are doing what they are meant to, without spending more time or money than is necessary to achieve those results.
Ohio EPA is developing rules to reflect the statutory charge of Senate Bill 2 that will work along with recently enacted capability rules. Both rules are aimed at addressing the managerial, technical and financial capability of water systems. A successful asset management program should cut down on the number of disruptions in service due to lack of planning and/or maintenance.
A system’s asset management program must include:
- –Inventory and evaluation of all assets
- –Operation and maintenance programs
- –Emergency preparedness and contingency planning program
- –Criteria and timelines for infrastructure rehabilitation and replacement
- –Approved capacity projections and capital improvement planning
- –Long-term funding strategy to support asset management program implementation
For more asset management information check out the Ohio EPA Asset Management webpage. http://epa.ohio.gov/ddagw/pws.aspx#113435168-asset-management
Asset Management Resources:
- Asset Management Resources for Small Drinking Water Systems
- Reference Guide for Asset Management Tools
- Asset Management: A Handbook for Small Water Systems
- EPA's Valve Exercising Program Guidance
- You can also contact one of ORWA's Knowledgeable Water Technicians
