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Asset Management

Once a co-op has the appropriate technical reports, CHF BC staff can work to develop a long-term asset management plan (AMP). That plan will incorporate not just the engineers’ findings, but potentially a lot of other information as well: member survey results, board direction, co-op financial data, operating agreements with government, co-op policies (on internal subsidies or painting, for instance) and other agreements such as leases.

The AMP will take the form of a written report and spreadsheets. It will contain both a renewal schedule and a long-term cash flow projection – typically covering 30 years and looking at both operational and capital budgets.