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Asset Management

Tools and Resources

On this webpage you will find tools published by VDH-ODW as well as links to tools from external organizations that may be useful.

Many of these files require the free Adobe Acrobat Reader.

Asset Management is a planning process that ensures that you get the most value from each of your assets and have the financial resources to rehabilitate and replace them when necessary.  Asset management also includes developing a plan to reduce costs while increasing the efficiency and the reliability of your assets.  Successful asset management depends on knowing about your system’s assets and regularly communicating with management and customers about your system’s future needs.

Part of providing safe drinking water is accomplished by taking care of your system’s facilities and equipment and planning for any needed rehabilitations and replacements.  An asset management plan will help you meet these goals in an efficient and cost-effective manner.  The resources below will help you with the development of you asset management plan.

The resources listed above are also available on EPA’s Small System Management website: http://water.epa.gov/type/drink/pws/smallsystems/managementhelp.cfm

Check Up Program for Small Systems (CUPSS) is a free, easy-to-use, asset management software tool for small drinking water and wastewater utilities.  This tool was developed by EPA and provides a simple and comprehensive approach to asset management.  CUPSS can be used to help you develop a record of you assets, a schedule of required tasks, an understanding of your financial situation, and a tailored asset management plan.  EPA provides live and self-paced online training for CUPSS software.  Training information and schedules can be found at: http://water.epa.gov/infrastructure/drinkingwater/pws/cupss/training.cfm.

Asset management training in Virginia is provided annually at Virginia Tech’s Establishing a Successful and Sustainable Waterworks: Revenues, Rates, and Funding training course.  This course is dedicated to the financial side of maintaining waterworks and focuses on business plans, budget development, asset management, capital improvements, rate structures, potential sources of grants or low interest loans, and communication with decision makers and the public.  Training with EPA’s CUPSS program is also provided.  All of these subjects are covered through lecture, class discussions, and hands-on computer activities.  Please click the link above for additional information.


Last Updated: 03-01-2012

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