Oct 16 - Oct 20
8am - 5pm

In Person

Asset Valuation and Capital Investment Planning

Asset Valuation and Capital Investment Planning   

 

DATE: October 16 - 20, 2017

COURSE CODE: AMAM02-17

This course details the financial process for capitalizing and amortizing tangible capital assets over their service life in accordance with the Public Service Accounting Board requirements.  Strategy options for the preservation of and rehabilitation of assets over their service life are explored and linked to capital investment planning processes.  The procedures to account for betterments and rehabilitation are detailed, as are the financial procedures to account for the disposal or decommissioning of assets.

 

Course Content

  • Concepts of asset valuation
  • Determining the life cycle of an asset
  • Accounting requirements – PSAB 3150 and others
    • Write-downs versus write-offs
    • Accounting for asset betterments
    • Disposal of assets
    • Tangible Capital Assets – TCA (i.e., infrastructure) reporting
  • Capital plans
    • Age-based versus condition-based capital planning
    • Determining rehabilitation strategies and priorities
    • Estimating rehabilitation costs
    • Growth related infrastructure requirements
  • Funding and financing capital plans
    • Life-cycle requirements
    • Alternative mechanisms (P3’s, local improvement charges, Development charges, etc.)
  • Managing risks over the asset life-cycle
  • Selling the capital plan to the public and decision-makers

 

For each topic, theory will be augmented with in-class mini-cases, individual assignments and group assignments to reinforce the reading and class material. 

 

Who Should Attend

Middle and senior managers with responsibility for the management of municipal public assets.

Format

For each topic, theory will be augmented with in-class mini-cases, individual assignments and group assignments to reinforce the reading and class material. 

 

Evaluation

Overall grade of 65%

NOTE:  May be completed as an Independent Research Project in the interim. Call the OGRA office 289-291-6472 for details.

 

 

Dr. Guy Félio, P.Eng., FCSCE, IRP (Climate), Infrastructure Management Specialist, R.V. Anderson Associates Limited, Ottawa (Canada)

Dr. Félio is a civil engineer with a Ph.D. from Texas A&M University. He has more than 30 years of experience in the field as a university professor, researcher, consultant and policy advisor.

At RV Anderson since August 2015, he provides expertise and support in the areas of asset management and climate change vulnerability and adaptation of infrastructure and facilities.

He recently worked at Engineers Canada on climate change the impacts, including the application of the PIEVC Protocol in assessing the vulnerability of infrastructure and buildings. During his career at the National Research Council, he led the Urban Infrastructure Research group, focusing on technological and management improvements for municipal infrastructure.

In addition to serving as advisor to public agencies for the development of infrastructure strategies and policies, he is very active on professional associations’ boards and committees, and in knowledge transfer through university education and professional training. Dr. Félio was the Project Coordinator for the Canadian Infrastructure Report Card published in September 2012, and from 2010 to 2014 was Councillor in the City of Clarence-Rockland (Ontario).

Location

Ontario Good Roads Association
1525 Cornwall Rd, Unit 22
Oakville, ON L6J 0B2

Boardroom

Time

October 16, 2017 - Oct 20
8am - 5pm