Funding for Asset Management

Local governments in BC can now apply for funding for asset management projects through both UBCM and FCM.

The 2018 Asset Management Planning Program supports activities that advance a local government’s asset management planning or practices, and that facilitate better integration of asset management planning with long term financial planning.

Through the FCM’s Municipal Asset Management Program, local governments can access grants to fund activities such as asset management needs or risk assessments; asset management plans, policies and strategies; data collection and reporting; asset management training and organizational development; and knowledge transfer, development and sharing.

Local governments in BC may apply to both UBCM’s Asset Management Planning program and FCM’s Municipal Asset Management Program for activities that are eligible under both programs. As UBCM will fund up to 50% (to a maximum of $15,000) and FCM will fund up to 80% (to a maximum of $50,000), applicants can leverage both programs to meet the matching requirements.

For more information, contact Danyta Welch, Policy & Programs Officer at (250) 356-5193 or dwelch@ubcm.ca.

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