The Comox Valley Regional District is ramping up efforts to ensure residents’ essential infrastructure, including drinking water, wastewater systems and community facilities, remains reliable long into the future.
Board chair Will Cole-Hamilton said the regional district will use asset management to make smarter decisions about when to repair, replace or upgrade infrastructure.
“Just like your car or home needs regular maintenance, our community’s infrastructure requires care, planning and investment,” he said.
The regional district is adopting a data-driven, risk-based approach to reduce service disruptions, improve financial planning, extract more value for tax dollars, boost eligibility for grants, and build resilience against climate-related threats.
A new asset management policy and strategy lay out a structured plan of 14 initiatives designed to improve data quality and secure long-term financial sustainability.
Rather than reacting to failures, the regional district says asset management lets it make informed choices about the services people depend on.
