Understanding Asset Management
The new discipline of Asset Management can be a daunting but necessary process for municipal, county, state and federal agencies to undertake. Asset managers are facing pressure from legislation like MAP-21 and GASB34, lack of funding and resources and, perhaps most importantly, risks generated by old and failing…Read More
There are so many ways to Reuse Surplus Assets!
We love when our friends over at the University Surplus Property Association use their Facebook account to share ideas for reusing various items. It's amazing to see the many ways in which surplus property can find a new life. We'd thought we'd get in on the action and share some of our favorite finds with you.
Spreadsheets: A Simple Solution that could lead to Complex Problems
Challenges to Consider when Relying on Spreadsheets to Track and Manage Surplus Assets
For years colleges and universities have gotten by using complex spreadsheets to manage surplus assets from transfer through redistribution. While this may be a quick and simple solution, it includes many inherent risks.
1. VOLUME OF…Read More
5 Steps to Building an Asset Management Plan
Asset Management Planning will provide your agency with best practices for operation and maintenance of assets so money can be used wisely now and in the future. A good asset management plan sets out what you’ve got, what you need to do, how you’re going to do it, and how much it will cost. This infographic illustrates the 5 steps you need to take and the data you need to gather as you build your own asset management plan.
For more information on how to build an Asset Management plan you can download this free guide “Asset Management 101”.
Property Insurance Appraisals
There is NO Substitute for a Physical Inspection.
Managing the risk of property exposure requires values that are both current and accurate.
Desktop appraisal methods and multiple years of value trending depend solely on the accuracy and completeness of the data provided at the time the structure was added to your…Read More