INTRODUCTION
The Randolph Center Water System funded this Asset Management Plan (AMP) for the water system using a forgivable Asset Management Planning Loan (WPL-302-1_0) from the State of Vermont Drink Water State Revolving Fund (DWSRF).
The Randolph Center Water System (5177) AMP is based on a comprehensive inventory of assets and survey of the distribution system, source, and storage facilities. Details for the assets such as model number, manufacturer and installation year was recorded and estimates of the remaining useful life and the estimated replacement costs were developed. A base map of the distribution system was developed in AutoCAD, with multiple drawing sheets to show details for individual streets and segments. Attributes
were added to the distribution system components to create a Geographical Information System (GIS).
The Asset Management Plan development included creating spreadsheet databases for the source, tanks, vaults, and distribution system components. Using the input data, the AMP provides a prioritized list of improvements based on a risk assessment for each asset. The risk assessment, along with cost estimates, was used to generate Life Cycle Cost Reduction measures and a comprehensive financial plan for funding system improvements to address the highest risk assets.
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