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News
Brantford Power - Power Utility Asset Management Program
UEM is a proud leader of risk-centric asset management in Canada. Our dedicated Asset Management Team has a variety of specializations including, Infrastructure Lifecycle Analysis, Risk Framework and Level of Service Development, Project Management, PSAB 3150/Bill 175 and DWQMS Compliance and Business Processes Improvements, Asset Management Implementation, Asset Data, and Information Systems Assessments. UEM has been retained to provide consulting services for the Asset Management Program that we are developing for Brantford Power Inc.
Project Purpose
The purpose of the project is to develop, implement and maintain an Asset Management Program (AMP) that will enable Brantford Power Inc. to maximize its asset investments. More specifically, to establish an AMP that will support the annual capital budget process. The AMP will identify the optimum level of capital investments, priority projects and timing for projects over a rate-setting term. The AMP will inform the capital program supporting a cost-of-service rate basing application and will provide the evidence required to support the capital program filed as part of the rate application.
UEM will provide documentation about the AMP describing the development process, its elements and decision-making parameters. UEM will also provide technical expertise about the AMP and will provide additional information to respond in an Ontario Energy Board hearing if requested.
Project Timeline
The AMP will be implemented in phases over a five-year period with completion by the end of 2014. Year 1 (July 2010 – August 2011) of the project includes development and implementation of condition assessment tool, criticality model, life cycle management plan and preliminary AMP that can be used to support the capital program filed with Brantford Power Inc’s 2012 rate application in April 2011. In Year 2 through 5, BPI and UEM will continue to upgrade current data and data architecture, implement business processes, key performance indicators, and conduct Life cycle cost analysis. In addition UEM will provide continuous advice on the improvement of the program.
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